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Egypt Aluminum in talks with banks for USD 600 mn financing for new product line
State-owned Egypt Aluminum is in talks with five local and international banks to finance a portion of its planned USD…
Basic materials
Egypt’s orange exports expected to increase by 7%
Egypt’s orange exports are expected to increase by 7% or 110,000 MT in the marketing year (MY) 2018-2019, according to…
Egypt’s GASC purchases 180k tonnes after receiving wheat offers
State grain buyer GASC purchased yesterday 180,000 tonnes of wheat in an international tender on Wednesday for delivery between 1…
Egypt buys 130k tonnes of rice in largest import to date
Egypt will receive a shipment of 130,000 tonnes of rice in January 2019 — the largest rice import to date,…
GASC purchases 350,000 tonnes of wheat
The General Authority for Supply Commodities purchased 350,000 tonnes of wheat last Thursday in an international tender, according to Reuters.…
ACC to restructure outstanding loans through new syndicated loan
Cement supplier Arabian Cement Company (ACC) is receiving a syndicated loan from the European Bank for Reconstruction and Development and…
Edita eyes 10% growth in exports over the next two years
Edita is planning to grow its exports by 10% over the next two years, CEO and Chairman Hani Berzi said,…
Supply Ministry indefinitely postpones settling int’l rice tender
The General Authority for Supply Commodities (GASC) has indefinitely postponed selecting a winning bid in its international tender for rice…
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