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Dina Farms loans EGP200m for expansion
- Egypt: Saturday, June 20 - 2009 at 12:40
Egypt-based Dina for Agricultural Investments SAE (Dina Farms) has secured EGP200m loan agreement with three prominent Egyptian banks, arranged by Citadel Capital. The loan is intended to finance the expansion of Dina Farms' Dairy Operation, including the purchase of high-quality livestock. The company has recently bought 1,900 new pedigree Holstein heifers (pregnant cows) from North America.
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Medilyn Manibo, Assistant News EditorSaturday, June 20 - 2009 at 12:40 UAE local time (GMT+4)
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