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Ezz Steel acquires Abou Hashima’s remaining Egyptian Steel stake
Ezz Steel has completed its purchase of Ahmed Abou Hashima’s 18% stake in Egyptian Steel, announcing yesterday in an EGX…
THIS EVENING: Macro Group IPO gets green light from EGX listing committee + Egypt to dig for gold, other minerals in new industrial mining cities
You nearly made it to the weekend, ladies and gentlemen. And if you’re like us, we need it to get…
Mopco taps new chairman + MD
State-owned Misr Fertilizers Production Company (Mopco) has appointed Ibrahim Mahgoub as its new chairman and managing director to replace Hesham…
Food prices surge 28% in 2021 + US is now the world’s biggest LNG exporter
Global food prices soared as much as 28% in 2021 to the highest level in ten years, driven by poor…
Egypt’s export revenues reach record levels in 2021 -Madbouly
Export revenues reached a record USD 31 bn in 2021, Prime Minister Moustafa Madbouly said yesterday. Government efforts to support…
Out with the in-kind, in with the banknotes
Farmers could soon be getting cash subsidies for fertilizers instead of in-kind subsidies, after President Abdel Fattah El Sisi called…
How unstable weather, and rising temperatures brought climate change to the forefront in 2021
2021 in review: The year Egypt saw climate change get real. Global heating became an undeniable reality for anyone living…
Get your liquidation payout
Egyptian Iron and Steel workers could soon be compensated after approval of an EGP 1.3 bn loan: The Metallurgical Industries…
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