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What we’re tracking on 17 June 2020
** We are taking a publication holiday tomorrow to give everyone here a chance to recharge their batteries. Enterprise will…
Manufacturing
EU decides to go after Jushi, Hengshi Egypt in China trade probe
EU decides to go after Jushi, Hengshi Egypt in China trade probe: The European Commission has imposed anti-dumping duties on…
Arabian Cement profits triple in 1Q2020 to EGP 16 mn
EARNINGS WATCH- Arabian Cement profits triple in 1Q2020 to EGP 16 mn: Spending cuts helped Arabian Cement to deliver a…
Gov’t considering raising tariffs on imports of steel, iron billets
The Trade and Industry Ministry is considering raising tariffs on imports of steel and iron billets, an unnamed government official…
Smart Paper Co invests EGP 1 bn in food processing complex in Beheira
Smart Paper Co is investing over EGP 1 bn in a food processing complex in Beheira, which will mark the…
Earnings Watch: Misr Cement, Abu Qir, Telecom Egypt
EARNINGS WATCH- State-owned Telecom Egypt (TE) reported a 19% y-o-y decline in 1Q2020 net profits to EGP 1.3 bn on…
Your top infrastructure stories of the week
Your top infrastructure stories of the week: Five cement factories could close this year as covid-19 compounds sector’s woes, officials…
SCZone and SFE to partner on rail projects in East Port Said
Sovereign fund is getting in on a railcar assembly plant in East Port Said with the SCZone: The Suez Canal…
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