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Cement producers welcome another year of production quotas — and a slow ramp up of market supply
Cement production quotas are sticking around for another year: The Egyptian Competition Authority (ECA) has heeded cement companies’ calls to…
THIS EVENING: Cement production quotas are sticking around + NUCA could make Egypt’s biggest-ever securitized bond sale. Plus: All eyes are on Taiwan amid Pelosi trip.
Happy hump day, wonderful people. It’s a bit of a news dump day here in Omm El Donia, while global…
Is the government responding to manufacturers' requests to extend the cement production cut for another year?
Cement companies have started lobbying the Egyptian Competition Authority (ECA) to extend a regulation which stipulates that cement production be…
Jimmy Khan succeeds Solomon Baumgartner Aviles as Lafarge Egypt CEO
Lafarge has appointed Jimmy Khan (LinkedIn) as the company’s new Egypt CEO, succeeding Solomon Baumgartner Aviles (My Morning Routine), according…
Dana oil output falls + Uh, which Gourmet was that, again?
Did we just say no to Brazil’s request for fertilizer? A meeting between Egyptian and Brazilian officials resulted in an…
We’re paying more at the pumps
The government raised fuel prices by c. 3% over the weekend amid a rise in global oil prices on the…
FAB drops its bid for EFG Hermes. Plus: Incolease, Mondi in transactions.
Emirati lender First Abu Dhabi Bank (FAB) has dropped its bid for a majority stake in leading financial services corporation…
Last Night’s Talk Shows: Soaring steel prices aren’t “fair” -Cairo Chamber of Commerce
What’s a fair price for steel? A “fair” price for steel would be between EGP 15k-17k per tonne rather than…
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