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An aluminum news dump + Belcash is now Seven
Aluminum Bahrain and Emirates Global Aluminum are both interested in expanding in Egypt, according to the ministry
Three local steel companies are looking to acquire state-owned Delta Steel
The gov’t is reportedly studying whether to offer 100% or a smaller share of the company
Some investors are interested in state-owned Sinai Manganese. PLUS: Al Habtoor likes the SFE — and news from Suez Cement, TMG, Russian wheat
The company is one of 35 officially earmarked by the government for privatization
Eagle Hills signs up Hassan Allam to work on new North Coast development. PLUS: New anti-money laundering regs + news from Madinet Masr, Misr Life Insurance and SAIB.
Orascom Construction is also working on the project under a contract signed last week
Afreximbank to lend USD 400 mn for new state-owned fertilizer plant
The plant will cost some USD 1.2 bn to build
EGX approves Al Ezz Dekheila delisting. PLUS: News on corn, East Port Said, Microsoft
Al Ezz Dekheila Steel plans to buy back the government’s 31% stake and delist from the exchange
THIS EVENING: CIHC studying bids for 30% of its stake in Eastern Company + Unemployment inches down in 2Q 2023
Good afternoon, wonderful people, and welcome to a busy hump day. Where yesterday was largely dominated by M&A news, today…
What does the natural gas supply shortfall mean for Egypt’s fertilizer industry?
Fertilizer producers are seeing a 20% drop in natural gas supplies
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