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How have infrastructure players been impacted by the headwinds of 1Q2022?
How infrastructure players performed in 1Q2022 amid rising prices + EGP depreciation: Plenty of economic headwinds have hit infrastructure firms…
Building violations were back on the airwaves last night
Illegal construction was back in the conversation on the airwaves last night after the House of Representatives discussed amending the…
Earnings watch: Orascom Construction, MNHD, GB Auto
Orascom Construction’s (OC) net income slid 45% in 1Q 2022 due to deepening losses at Besix, according to its earnings…
Last Night’s Talk Shows: Unlicensed construction is still a problem, with one MP likening it to “cancerous lesions”
Last night on the airwaves was all about building violations, after fresh amendments to theUnified Building Code designed to crack…
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…
Ireland’s Kingspan to do DD on Icon subsidiary
The board of Industrial Engineering Company for Construction and Development (ICON) has agreed to allow Irish insulation manufacturer Kingspan to…
No int’l wheat tenders before mid-May, -El Moselhy
Egypt won’t be tapping the international wheat market with new tenders before the middle of May after having received all…
Contractors’ margins are under threat by rising raw material costs
How rising raw + building material prices and higher borrowing costs are expected to impact Egyptian infrastructure players, according to…
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