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Auto assemblers are hurting
FROM THE DEPT. OF DUH- Auto assembly in Egypt is hurting right now: Al Amal Auto could be forced to…
Infrastructure players reported solid earnings in 2Q 2022 despite global headwinds — here’s how they did it
Infrastructure players remained resilient in the face of global pressures in 2Q 2022: A toxic mix of local and global…
Elsewedy Electric opens second phase of industrial complex in Tanzania
Elsewedy Electric opens second phase of Tanzania industrial park: Elsewedy Electric opened a transformer factory in Tanzania yesterday, the company…
Egypt repatriates looted artifacts from Belgium
Belgium has returned two artifacts to Egypt that were smuggled illegally out of the country, the Tourism Ministry said in…
Industrial stocks are still divorced from earnings performance
Industrial players are seeing somewhat varied stock performances, with most EGX-listed industrial stocks continuing on the downward trajectory that began…
CIB acquires stakes in Elsewedy subsidiaries
Egypt’s largest private sector bank CIB has acquired a 15% stake in El Sewedy Engineering Industries (SEI) through a capital…
The National Dialogue, economic crisis, and New Alamein’s exemption from power rationing got attention on the airwaves
The Sisi administration’s national dialogue dominated the conversation on the airwaves last night after the board of trustees yesterday appointed…
Project profile: Arab Alloys’ industrial complex
PROJECT PROFILE- Arab Alloys’ industrial complex: Last month the newly-established Arab Alloys Company announced that it will invest EGP 1…
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