Founder of Egypt’s Juhayna Food Industries and his son released from prison
The founder and former CEO of Juhayna Food Industries (JUFO.CA) and his son were released from prison in Egypt on Saturday 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.