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Ezz Steel in talks to set up an industrial base in Algeria
The steel giant’s pivot allows it to secure a low-cost green energy base with easy access to EU export markets
China’s Henan Zhongfu to build USD 2 bn aluminum hub in Egypt
Plus: Mobica expands into automotive, agritech in USD 20 mn industrial play
Egypt inks agreements for USD 740 mn worth of new fertilizer projects
Plus: A USD 250 mn fix for Egypt’s pharma packaging bottleneck
What the Iran war means for Egypt’s garment sector
Head of the Egyptian Cotton Association weighs in on the regional war’s impact on the garment industry
Egas and Arcius ink USD 500 mn FID for Harmattan gas field development
Plus: EBRD funds local fertilizer expansion, first Egyptian killed in regional war
Local billet production can meet local demand, even without new production licenses, says Ezz Steel
Egypt imported some 4.7% of the world’s traded billets in 2024, amounting to some 2.6 mn tons
Egypt greenlights three-year steel and billet anti-dumping duties despite downstream industry pushback
Imports of the targeted products add USD 1 bn to annual FX outflows
Egypt mulls flexible gas pricing to shield the state from wartime import shocks
While an immediate reaction to the war, the shift to a flexible, market-linked pricing model signals the start of a…
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