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African food security is coming under further pressure from surging fertilizer prices
The sky-high cost of fertilizer is pushing farmers to the brink and further straining African food security: Fertilizer prices have…
As a bidding war heats up, Pachin’s biggest shareholder is doing its own FV and seeking investment bankers
Pachin’s biggest shareholder to hire advisors for fair value study: Chemical Industries Holding Company (CIHC) will appoint an independent financial…
Saudi wealth fund is sizing up EgyptAlum — and potentially Egyptian Media Production City + United Bank
Saudi Arabia’s sovereign wealth fund is making headlines in Cairo with at least three possible high-profile acquisitions now appearing to…
Non-oil exports rose by 20% y-o-y in 1H2022
BY THE NUMBERS- As the government works to slash imports + shore up local industry, Egypt’s exports were on the…
CFC Group to build USD 400 mn industrial complex in Qena under the new regional industrial partnership
Emirati fertilizer company CFC Group will establish an industrial complex in Qena Governorate under the new joint industrial partnership between…
EgyptAir to operate Sharm-Tripoli flights from tomorrow
Other things we’re keeping an eye on this morning: Orascom Development Holding plans to launch two new phases of its…
The Suez Canal just broke another record
Suez Canal hits daily traffic record: Eighty-nine ships passed through the Suez Canal yesterday, marking the highest number of ships…
Cement producers welcome another year of production quotas — and a slow ramp up of market supply
Cement production quotas are sticking around for another year: The Egyptian Competition Authority (ECA) has heeded cement companies’ calls to…
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