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EV testing starts in July
Egypt will start testing China’s E70 EV cars next month ahead of launching an assembled-in-Egypt E70 in 2022: State-owned El…
Ezz Steel finally turns profitable (and in a big way) + Pioneers to soon finalize split
EARNINGS WATCH- Ezz Steel reverses loss in 1Q2021: Ezz Steel reported a record consolidated profit of EGP 1.2 bn in…
TONIGHT: We’re waiting on Egypt's draft budget. + More from G7 summit. ALSO: Eastern Company isn’t selling securitized bonds.
Good afternoon friends, and welcome to the start of another busy work week. Between the G7 meetings and the heads…
Reducing carbon emissions could fuel the commodities boom further
SUPERCYCLE WATCH- Global prices of metals from copper to steel are likely to soar further as China cuts production to…
Orascom, Metito deliver East Port Said desalination plant
A consortium of Orascom Construction (OC) and water treatment company Metito has delivered a USD 130 mn seawater desalination plant in…
Earnings: state-owned El Nasr Civil Works, Egyptalum remain in the red
EARNINGS WATCH- State-owned Egyptian Aluminium Company (Egyptalum) saw its net losses narrow to EGP 348 mn in 9M2020-2021, compared to…
HA Utilities is one step closer to expanding into transport with EgyTrans acquisition
HA Utilities BV has been valued at EGP 721.5 mn in a fair value assessment from Grant Thornton, Egytrans’ financial…
Just how bad is construction material pollution in Egypt?
Just how bad is construction material pollution in Egypt? And which materials should we be worried about? Construction is a…
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