Enmaa for Animal Wealth, part of Egypt's Juhayna Food Industries, has signed an EGP 1.73 billion financing agreement with Commercial International Bank (CIB) to expand its dairy farm. The medium-term loan runs for about eight years, Juhayna said in a disclosure to the Egyptian Exchange on Tuesday.

The money will go into more barns for the cattle herd, a new milking parlour, upgraded infrastructure at the Enmaa farm and a larger herd, all aimed at raising dairy production capacity. Juhayna said the financing supports Enmaa's growth in line with its expansion strategy and is meant to improve operating efficiency in its livestock business.

The deal comes as Juhayna's sales keep climbing. The group's profit rose 77% to EGP 1.38 billion in the first half of 2026, from EGP 780.8 million a year earlier, on sales of EGP 17.68 billion, up from EGP 14.17 billion. HC Securities expects Juhayna's revenue to grow 21% this year to EGP 36.2 billion, with dairy, chilled products and juices up about 23%.

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