Arabian Food Industries’ (Domty) [DOMT.CA] CEO Mohamed El Damaty said that the company remains committed to its previously announced expansion plans, which it began implementing in 2016, but will refrain from investing in any new project in the coming period. Domty had previously disclosed plans to open a new bakery production line with a capacity of two million pieces per month and a new Roumy cheese line with a production capacity of 3,000-4,000 tonnes per month during 2017. On another note, the company is prepared to continue raising its product prices further depending on the FX situation; so far Domty raised prices 20% between October and November 2016 in addition to a further 15% in December 2016. (Al Borsa)   Domty: EGP6.31 as of 19 January 2017, Rating: Buy, TP: EGP10.20/share, MCap: USD95mn, DOMT EY / DOMT.CA