The founder and former CEO of Egypt’s Juhayna Food Industries (JUFO.CA) and his son have been released after about two years in detention, reported Reuters. Safwan Thabet and his son, Seifeldin, were released from prison [ More … ]
Juhayna founder Safwan Thabet on 3 December marked two years in pretrial detention—the legal maximum—for refusing to give up his company to the state Egyptian authorities arrested the 76-year-old businessman in 2020 after he refused [ More … ]
Mariam, daughter of businessman Safwan Thabet who is “behind bars for resisting security agency demands”, has announced in a series of tweets that the health conditions of her father have deteriorated. Mariam expressed her concerns [ More … ]
Despite its pro-business talk, the army grabs whatever it wants. In fact, part of the blame is on the IMF for allowing this situation to fester Under Egypt’s military rulers Juhayna, the giant Egyptian dairy [ More … ]
A report published by an independent online newspaper has narrated the full story of the Sisi regime’s targeting of Juhayna Food Industries, a leading Egypt-based manufacturer specialized in the production, processing and packaging of dairy, [ More … ]
Egypt’s Juhayna Food Industries board has appointed Seif El Din Thabet as acting chairman, the company said in a statement a day after its chairman was arrested. The company, Egypt’s largest dairy products and juices [ More … ]
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