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Your top infrastructure stories
Your top infrastructure stories for the week include: Egyptian Refining Company’s USD 4.3 bn Mostorod petrochemical refinery — the largest…
Suez Cement submits MTO for 100% of subsidiary Tourah Cement
M&A WATCH- HeidelbergCement looks to acquire 100% of subsidiary Suez Cement: Suez Cement’s German parent company HeidelbergCement has submitted a…
Al Ezz Dekheila Steel reports EGP 1.2 bn losses in 2Q2020
EARNINGS WATCH- Al Ezz Dekheila Steel (EZDK) reported consolidated net losses of EGP 1.2 bn in 2Q2020, compared to EGP…
Cement producers call for gov’t intervention to salvage ailing sector
The cement industry is calling for gov’t intervention to save crippled sector, saying it is time for the state to…
Who’s in the market for debt: Faragalla Group, BPI
Faragalla Group is reportedly in the market for an EGP 2.05 bn syndicated facility being led by the National Bank…
Cement demand on track to fall again in 2020
Two more signs the cement crisis is getting worse: Demand for cement is on track to drop to 45 mn…
Diplomacy + Foreign Trade on 22 September 2020
Topping diplomatic coverage this morning: Does Turkey want to kiss and make up? Turkey, which has been busy angering the…
Who’s in the market for debt: Hassan Allam, Ezz Steel, GASCO
Hassan Allam Properties is seeking to obtain a EGP 1.6 bn loan to finance various real estate projects under development,…
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