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Financials & Economy
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GSSC reports 32% surge in annual profits, reinforces role in Egypt’s grain logistics sector
GSSC has offered a cautious outlook for the upcoming fiscal year, projecting a 37.9% drop in profits amid expected market volatility.
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North Cairo Flour Mills reports 11% drop in annual profit despite strong quarterly gains
Despite the annual profit dip, net profit for the quarter surged by 42.3% to EGP 10.409 million (US$335,000).
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Middle Egypt Flour Mills grows profit by 5% to US$2.33M despite sector pressures
The profits comes despite headwinds such as currency devaluation, rising energy prices, and higher logistics costs impacting the milling sector.
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Oman Flour Mills adopts tech to enhance sustainability, reports 22% jump profit in Q2 2025
Eniscope identifies previously hidden sources of waste, sets automated alarms for over consumption, and enables remote energy tracking
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Farmley aims to double its revenue to US$72 to 84M in FY26 amid rising demand for nutritious snacks
The brand’s emphasis on quality, nutrition, and affordability has resonated with health-conscious consumers, especially as snacking habits shift toward functional and portable formats.