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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…
THIS EVENING: Cement production quotas are sticking around + NUCA could make Egypt’s biggest-ever securitized bond sale. Plus: All eyes are on Taiwan amid Pelosi trip.
Happy hump day, wonderful people. It’s a bit of a news dump day here in Omm El Donia, while global…
Banque du Caire’s Telda prepaid card gets central bank approval
CBE gives greenlight to BdC’s Telda prepaid card: Banque du Caire has received final approval from the Central Bank of…
Another direct wheat purchase?
GASC bought 63k tons of German wheat directly from suppliers on 5 July, Reuters reported Thursday, citing anonymous sources. This…
Orascom could sell down holdings in Italian web service provider
Sawiris weighs selling stake in ItaliaOnline: Orascom TMT Investments — a company whose majority owner is Naguib Sawiris — is…
FAB + Europe Arab Bank to contribute to Elsewedy’s USD 150 mn IFC loan
More details on the IFC’s USD 150 mn loan to Elsewedy Electric: First Abu Dhabi Bank and Europe Arab Bank…
Is the government responding to manufacturers' requests to extend the cement production cut for another year?
Cement companies have started lobbying the Egyptian Competition Authority (ECA) to extend a regulation which stipulates that cement production be…
Contractors want financial institutions to step up their support for infrastructure diplomacy
Egyptian contractors and construction companies want financial institutions to do more to support their work in Arab and African countries:…
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