ArabFinance: The board of directors of Arab Dairy Products Co. Arab Dairys (Panda) (ADPC) has approved raising the companys issued capital to EGP 290 million from EGP 160 million, distributed over 290 million shares at a nominal value of EGP 1 per share, according to the companys filing to the Egyptian Exchange (EGX).
Arab Dairy is an Egypt-based company engaged in the dairy industry. The company exports its products to Middle Eastern countries, such as Lebanon, Jordan, Libya, the United Arab Emirates, Saudi Arabia, Palestine, Bahrain, Oman, and Kuwait.
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