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Six companies apply for new cement licenses
Six companies have reportedly filed papers to acquire cement production licenses from the Industrial Development Authority (IDA), unnamed sources tell…
Basic Materials + Commodities
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Basic Materials + Commodities
Russia to provide 410k tonnes of wheat
The General Authority for Supply Commodities (GASC) issued a tender for 410k tonnes of Russian wheat, which is set to…
Damietta port begins trial runs on UAE-funded shounas project
The Damietta port has begun the trial runs on new shounas funded by a grant from the United Arab Emirates,…
EMRA shows no intention of amending terms of gold bid round
The government has indicated it has no intention of amending the terms of the gold bid round issued by the…
Hamama West holds 341k ounces of gold equivalent -Aton
Aton Resources announced that Hamama West, one of three contiguous zones that comprise the Hamama Project, holds an inferred mineral…
Obour Land targeting 25-30% revenue growth rate in 2017
Cheese maker Obour Land is targeting an annual growth rate of 25-30% in FY2017, the company said in a statement.…
Halwani Bros investing EGP 100 mn into dry products factory this year
Halwani Bros are looking to build a dry products factory with an investment value of EGP 100 mn this year…
Domty not entering new projects, further price increases expected
Domty Food Industries’ expansion plans are undeterred by the economic situation, but no new projects will be entered, CEO Mohamed…
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