Juhayna Food Industries (JUFO.CA) signed an agreement with e-payment firm Fawry, allowing it to collect payments from retailers through Fawry at an annual cost of EGP15mn. Under the agreement, Fawry will handle the collection process over two phases: the first will include unorganised retailers and the second wholesalers and key accounts. On another note, Juhayna’s CEO Seif El Din Thabet said that the company will start manufacturing some products of  Danish dairy firm Arla Foods in 4Q16, under its 51%-owned JV ArJu. ArJu started operations in 4Q15 distributing Arla products and has targeted revenues of EUR100mn by 2020. (Amwal Al Ghad)   Juhayna: EGP7.15 as of 20 June 2016, Rating: Buy, FV: EGP9.50 per share, MCap: USD758 million, JUFO EY / JUFO.CA