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Emirati firm National Paints Holding acquired more than 80% of the company from the government earlier this year
Suleiman was appointed by the Public Enterprises Ministry
The loan will fund raw material imports amid an FX crunch at home and global food insecurity
The plastics maker is reportedly worth some EGP 7 bn
Orascom, Elsewedy, CPC Egypt, and IDG are all in talks to establish the zone
Local wheat procurement reportedly fell 10% this year
Stephane Guimbert has worked at the World Bank for 22 years and arrives in Cairo after serving as its operations…
Shareholders will consider the offer in October
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