5 days ago
Edita Food Industries expedites entry into Iraqi Market
By John Lee.
Egypt's Edita Food Industries has established of a UAE-based holding company, Edita Investments Holding LTD, which has invested IQD 960.7 million [USD 730,000] in Ahramat Al-Nile for General Trading and Food Industries Limited -- formerly Tuma Jebur Abbas (TJA) -- in Iraq, via a capital increase.
Operations in Iraq are expected to begin by the end of 2025, following a partnership agreement signed with TJA in January 2025.
Edita has relocated one of its Bakery lines to Baghdad to expedite entry into the Iraqi market.
The company says the move is part of its expansion plan, "tapping Iraq's fast-growing market while capitalizing on its established presence in the core cake and bakery segments."
(Source: Edita Food Industries)
