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Fertiglobe weighs a USD 1.5 bn-plus phosphate fertilizer complex in Ain Sokhna
The Adnoc-controlled producer is eyeing 1.3 mn tons a year of DAP by 2031, adding to a growing list of…
Moody’s raises Egypt’s local and foreign currency ratings to B3 and kept a positive outlook
Good morning, nice people. Before getting into the news of the day, we have an announcement of our own. After…
Billet-duty dispute heads to court as rolling mills sue to scrap anti-dumping duties
The Administrative Court will hear the rolling-mills lawsuit against Egypt’s billet anti-dumping duties on 14 November as integrated producers dig…
ONE launches new weekly container service linking Poland and northern Europe to Alexandria
PLUS: Movingfert plans to begin construction on a USD 5 bn phosphate fertilizer complex in Safaga in 2027
The EU is proposing to cut Egypt off from its steel scrap
Brussels’ draft waste rules would strip Egypt of a core mill feedstock just as EU and US tariffs squeeze its…
Government to auction eight billet licenses this August with 2.8 mn tons of new capacity
Ashry Steel has earmarked EGP 12 bn to compete for a 1 mn-ton-per-year license, mostly poised for exports
AfDB’s USD 66 mn solar play keeps EgyptAlum green
A funding of up to USD 66 mn from the AfDB will power the first phase of a solar plant…
Orascom Pyramids plans to raise Giza Plateau investment to EGP 2 bn
Plus: Korra Energi lands EGP 470.7 mn contract for GennVax’s Ain Sokhna vaccine plant
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