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Egypt to produce 9.5 mn tonnes of wheat this season
Egypt is looking to produce 9.5 mn tonnes of wheat this season, with 3.5 mn allocated for subsidized bread, Agriculture…
Basic materials
FRA to review Titan Group’s MTO for Alexandria Cement
M&A WATCH- Regulator to review Titan Group’s MTO for Alexandria Cement: The Financial Regulatory Authority (FRA) has received and will…
Egypt’s Kima to complete trial runs at Kima 2 fertilizers factory
State-owned Kima will complete today trial runs at its recently-inaugurated fertilizer factory Kima 2 in Aswan, Vice President Waleed Mohamed…
Egypt’s wheat cultivation area hits 3.4 mn feddans
Egypt has cultivated 3.4 mn feddans of wheat this season, according to an Agriculture Ministrystatement (pdf). A ministry official told…
Egypt administrative court postpones billet case to 23 May
An administrative court has postponed to 23 May its ruling on an appeal by steel rolling mills to overturn a…
Egypt’s strategic reserves of wheat, sugar to last around 5 months
Egypt has strategic reserves of wheat that would last 4.7 months and sugar that would last 5.3 months, Supply Minister…
Almarai receives USD 100 mn EBRD loan for Egypt, Jordan investment
The European Bank for Reconstruction and Development (EBRD) has loaned Saudi dairy firm Almarai USD 100 mn for new investments…
Fertilizers producer Evergrow mulls offering 30% stake
IPO WATCH- EvergrowFor Speciality Fertilizers is planning to sell a 30% stake in an IPO on the EGX by no…
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