The Egyptian manufacturer, listed in London and Cairo, has paid $8m for the stake in the Baghdad-based company.

Egypt - Edita Food Industries, a leading player in Egypt’s packaged snack food market, has announced a major step in its regional expansion strategy. The company signed a partnership agreement with ...

In April, the Security Council passed Resolution 986, under which Iraq would be permitted to sell $2 billion worth of oil every 180 days in order to buy food and medicine for its people.