Cairo – Mubasher: Arabian Food Industries Co (Domty) said it plans to invest EGP 240 million ($27.03 million) through 2016 and 2017.
The new investments will be directed towards new expansions in addition to adding new activities and boosting the company’s production capacity.
The firm noted that the new investments will be self-financed through the proceeds of its recent IPO on the Egyptian Exchange beside its earrings.