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Philip Morris strikes an agreement on local tobacco manufacturing with Eastern
Eastern agrees to let Philip Morris make smokes in Egypt: The Egyptian arm of tobacco giant Philip Morris is on…
We’re paying more at the pumps
The government raised fuel prices by c. 3% over the weekend amid a rise in global oil prices on the…
FAB drops its bid for EFG Hermes. Plus: Incolease, Mondi in transactions.
Emirati lender First Abu Dhabi Bank (FAB) has dropped its bid for a majority stake in leading financial services corporation…
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…
EU + Egypt talk boosting our LNG exports + green hydrogen ahead of COP27
Energy tops the agenda in top EU official’s visit: The EU is looking to up its imports of liquefied natural…
Are Egypt’s manufacturing industries embracing the shift to industrial automation?
How far along are Egypt’s factories when it comes to automation? Industrial automation — also referred to as Industry 4.0…
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