Juhayna signs EGP 1.9B loan with CIB to finance citrus production line

Updated 5/28/2025 9:44:00 AM
Juhayna signs EGP 1.9B loan with CIB to finance citrus production line

Arab Finance: Juhayna Food Industries has signed a medium-term loan agreement with Commercial International Bank (CIB) worth $31.6 million and EGP 255 million, with a combined value equivalent to approximately EGP 1.9 billion, as per a disclosure.

The loan will finance the purchase of a new citrus production line, in line with Juhayna’s plans to expand its concentrate business.

The facility carries a tenor of six years.

The company said the investment supports its strategy to enhance operational capacity and productivity, increase exports, and move toward foreign currency self-sufficiency.

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