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Building materials distributors want cement supply cuts to be scrapped
Some building materials companies aren’t happy about the cement supply cuts: Sellers of building materials are planning to lobby Egypt’s…
TAQA Power snags luxury real estate project in Pakistan
Qalaa holdings subsidiary TAQA Arabia’s power arm — TAQA Power — will provide energy solutions to luxury real estate project…
Cement prices are finally rising in Egypt — but producers continue to face challenges
Cement prices are finally rising in Egypt — but producers continue to face challenges: As nations ramp up investments in…
IFC to support BCI Holding with USD 30 mn loan
Plastics raw material manufacturer BCI Holding will expand its production facility in Egypt through a USD 30 mn loan from…
First a global chip shortage, now the capacitors used in electronic devices?
Aluminum prices are touching highs last seen a decade ago, buoyed by strong demand from buyers rushing to line up…
Work on the RIZ to start by early 2022
The Suez Canal Economic Zone will begin work on the new and improved Russian Industrial Zone (RIZ) by the beginning…
EMs cannot weather another taper tantrum storm, IMF says
EMs cannot withstand another taper tantrum, says IMF: Emerging Markets whose balance sheets are stretched due to covid-19 could see…
GM eyes further Egypt investments as gov’t incentives auto exports
General Motors could be looking to invest more in Egypt. That’s the key takeaway from GM MEA President and Managing…
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