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Last Night’s Talk Shows: Soaring steel prices aren’t “fair” -Cairo Chamber of Commerce
What’s a fair price for steel? A “fair” price for steel would be between EGP 15k-17k per tonne rather than…
Ireland’s Kingspan to do DD on Icon subsidiary
The board of Industrial Engineering Company for Construction and Development (ICON) has agreed to allow Irish insulation manufacturer Kingspan to…
Vicat Egypt launches MTO for Sinai Cement
French cement producer Vicat Egypt has submitted a mandatory tender offer to acquire another 42.1% of subsidiary Sinai Cement Company…
Hassan Allam Properties takes out EGP 1.8 bn loan for West Cairo development
A Hassan Allam Properties subsidiary has secured EGP 1.8 bn in financing from the National Bank of Egypt (NBE) and…
Scatec inks Ain Sokhna green hydrogen pact with SFE and OC
Welcome to our much greener future: The Sovereign Fund of Egypt (SFE), Norway’s Scatec, Nassef Sawiris-backed ammonia producer Fertiglobe and…
OC named most valuable Egyptian brand
Brand Finance has named Orascom Construction as Egypt’s most valuable brand, valuing it at USD 558 mn. Rounding out the…
Qatar to invest USD 5 bn in Egypt + Cemex, Harmony Gold to invest more here
Qatar to invest USD 5 bn in Egypt: Qatar has agreed to invest USD 5 bn here “in the coming…
No int’l wheat tenders before mid-May, -El Moselhy
Egypt won’t be tapping the international wheat market with new tenders before the middle of May after having received all…
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