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Raya’s BariQ peaks interest of foreign, local investors
M&A WATCH- Raya’s BariQ piques foreign, local investors’ interest: Several unnamed investors have expressed interest in Raya Holding’s recycled plastic…
Futek to open LED lamp factory in Sadat City in 2 months
Lighting products manufacturer Futek Micro Electronics is on track to inaugurate a EGP 500 mn LED lamps factory in Sadat…
Egypt’s Suez Canal Economic Zone proposes new investor incentives
The Suez Canal Economic Zone (SCZone) has handed over a proposal to the Madbouly Cabinet to introduce new or improved…
The weekend in macro: Euro PMIs continue to crash, EMs could face deeper recession, diaspora bonds
The Weekend in Macro: Surprising no-one, European flash PMIs suggest horrific contraction in April: The IHS Markit Flash Eurozone Composite…
Egypt was considering new cement, steel licenses despite supply glut
Was the gov’t considering new cement licenses in FY2020-21? The government was planning to license new cement producers starting July…
Cement looks set for another tough year in 2020
Cement looks set for another tough year in 2020: As covid-19 continues to ravage economies and pummels once-healthy sectors such…
Can Africa imitate China’s rapid development?
Can Africa imitate China’s rapid development? Africa could harness its manpower and natural resources to generate massive economic growth, the…
What we’re tracking on 15 April 2020
A gun battle with alleged terrorists in the capital city and the IMF’s warning that we’re heading into the worst…
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