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How will the fertilizer sector fare in 2023?
Will fertilizer companies continue to rake in record returns in 2023? After a windfall year for fertilizer producers, which saw…
How will the EU’s incoming carbon tariff impact local exporters?
Egypt’s high-emissions industries are laying the groundwork ahead of the EU’s carbon tariff: The EU in December agreed to impose…
MAF gets a new CEO + Mopco appoints acting chairman, MD
Emirati retail conglomerate Majid Al Futtaim (MAF) has appointed Ahmed Galal Ismail (LinkedIn) its CEO, replacing Alain Bejjani (LinkedIn), who…
THIS MORNING: Expect another mega-rate hike when the central bank meets later today
Good morning, dear readers, and congratulations on making it to the end of another week. Like many of you, we're…
Vodacom is officially Vodafone Egypt’s majority shareholder
South Africa’s Vodacom now owns the lion’s share of Vodafone Egypt: Vodafone Group has transferred its 55% stake in its…
Arabian Cement to expand Suez factory solar plant
Arabian Cement signs new PPA for solar plant: Arabian Cement signed a purchase power agreement with Amarenco SolarizEgypt for the…
OC breaks ground on Ras Ghareb wind farm + Suez Cement adds more solar to its energy mix
We have two stories this morning from Egypt’s renewable energy sector after the Orascom-Engie-Toyota Tsusho consortium broke ground on its…
With a rising cost of natural gas, how will Egypt’s cement and brick producers react?
What higher natgas bills mean for cement + brick producers in Egypt: A new government decree issued earlier this week…
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