33. Juhayna Food Industries
Sector: Food and Beverages
Vice Chairman and CEO: Seif Thabet
Market Value: $410 million
Sales: $367 million
Profits: $21 million
Assets: $206 million
Established in 1983 by the Egyptian businessman Safwan Thabet, Juhayna Food Industries manufactures, processes, and packages dairy, juice, and cooking products. The company has four facilities, a network of distribution centers serving more than 136,000 retail outlets nationwide, and a 500-feddan, fully-owned dairy farm covering a sizeable portion of the company’s raw milk needs. Seif Thabet was appointed vice chairman and CEO in February 2023.