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Delemar Aluminum to invest EGP 750 mn in new factory, eyes IPO in 2023
Delemar Aluminum is investing EGP 750 mn in a new factory in Sadat City, with an eye to begin construction…
The impact of war: How building material prices in Egypt are being affected by the commodity price shock
The commodity price shock is pushing up prices of building materials in Egypt, with local steel and cement prices soaring…
Gov’t has incentives for green economy, AI and other priority sectors
A first look at new incentives to spur investment in emerging sectors: The Madbouly government is introducing incentives to spur…
Rising metal prices puts further pressure on automotive sector + Where does Islam stand on the world of crypto?
Automakers just can’t catch a break: The Russia-Ukraine war is pushing up prices ofmetals — including aluminum, palladium, and nickel…
SODIC’s net income up 89% y-o-y for 4Q2021
Real estate giant SODIC’s net income nearly doubled during 4Q 2021, rising 89% y-o-y to EGP 518 mn, according to…
EBRD to double down on SCZone digitization support
EBRD to offer more support for SCZone’s digital transformation: The European Bank for Reconstruction and Development (EBRD) signed an agreement…
Ukraine crisis and “poor-quality petrol” top talk show coverage
Leading the conversation on the airwaves last night was the government’s efforts to repatriate Egyptians fleeing the conflict in Ukraine.…
Edita’s net income up nearly 57% in 2021
Edita Food Industries’ net income jumped 56.5% y-o-y in FY2021, reaching EGP 473 mn, according to the company’s preliminaryearnings release…
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