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Jan
23
2023
By The African Mirror
Founder of Egypt’s Juhayna Food Industries and his son released from prison

Founder of Egypt’s Juhayna Food Industries and his son released from prison

NEWS
THE founder and former CEO of Juhayna Food Industries and his son were released from prison in Egypt after about two years in detention, in a case that shook the business community as well as Egyptian and foreign investors. Juhayna, a listed company, is the country's largest dairy products and juices producer. After security and prison sources as well as a family member confirmed Safwan and Seifeldin Thabet's release, photos posted on social media showed them joyfully embracing relatives after returning home.Advertisement · Scroll to continueReport an ad The authorities accused them of belonging to and financing a terrorist group -…
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Sep
28
2021
By The African Mirror
Struggle over Egypt’s Juhayna behind arrest of founder, son – Amnesty

Struggle over Egypt’s Juhayna behind arrest of founder, son – Amnesty

NEWS
EGYPTIAN authorities are holding the founder of the country's largest dairy products and juices producer and his son in conditions that amount to torture because of their refusal to cede their assets, according to Amnesty International. There was no immediate response to a request for comment to Egypt's state information service. The arrests of Safwan Thabet, founder and former CEO of Juhayna, in December, and of his son Seifeldin two months later, shook Juhayna, a household name in Egypt. The authorities accuse them of belonging to and financing a terrorist group -- commonly a reference to the outlawed Muslim Brotherhood…
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