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Cement producers call for gov’t intervention to salvage ailing sector
The cement industry is calling for gov’t intervention to save crippled sector, saying it is time for the state to…
Is the government exempting factories from property tax?
Are factories getting the real estate tax break they’ve been hoping for? Industry could be getting a leg up from…
Cement demand on track to fall again in 2020
Two more signs the cement crisis is getting worse: Demand for cement is on track to drop to 45 mn…
Edita Food Industries to receive EGP 105 mn loan from Arab Bank
Edita Food Industries signed a medium-term loan worth EGP 105 mn with Arab Bank to finance a new production line,…
Foreign companies invited to bid in tender for manufacturing tablets
International hardware manufacturers will get the chance to manufacture tablet computers in Egypt in a forthcoming government tender. Cabinet said…
Steel demand plummets on covid-19, gov’t construction ban
Steel demand plummets on covid-19, gov’t construction ban: The government’s decision to place a six-month ban on construction permits is…
Egyptian Cement to inaugurate EGP 4.5 bn cement factory in Sohag amid supply glut
Egyptian Cement is planning to inaugurate a EGP 4.5 bn cement factory in Sohag next year, CEO Ahmed Abou Hashima…
Gov’t turns to customs breaks to spur EV revolution
Gov’t turns to customs breaks to spur EV revolution: The government is cutting to 10% the total value of local…
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