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Cement prices are finally rising in Egypt — but producers continue to face challenges
Cement prices are finally rising in Egypt — but producers continue to face challenges: As nations ramp up investments in…
TONIGHT: IMF’s NIB liquidation dreams could come true. + UN climate change report says damage “irreversible”. ALSO: Messi closer to signing with PSG.
Good afternoon, ladies and gentlemen, and we’re so happy that today is hump day, as this Thursday is off as…
Also on our radar on 13 July 2021
Other things we’re keeping an eye on this morning: Abu Dhabi Islamic Bank Egypt will set up a company to…
Rubles for Dabaa contractors
Rosatom will provide between USD 3-4 bn to several Egyptian contractors working at the site of the Dabaa nuclear power…
TONIGHT: New nationwide building code enacted. + Suez Canal Authority reaches agreement on Ever Given. ALSO: Wall Street wants Gen Z in the office.
It’s a busy Sunday back from the three-day weekend, ladies and gentlemen, with a number of regulatory, macro, and business…
Sinai Cement widens losses + GSK’s Egypt arm announces coupon payments
EARNINGS WATCH- Sinai Cement saw its net losses widen to EGP 148 mn in 1Q2021, up from EGP 106 mn…
Ezz Steel finally turns profitable (and in a big way) + Pioneers to soon finalize split
EARNINGS WATCH- Ezz Steel reverses loss in 1Q2021: Ezz Steel reported a record consolidated profit of EGP 1.2 bn in…
TONIGHT: We’re waiting on Egypt's draft budget. + More from G7 summit. ALSO: Eastern Company isn’t selling securitized bonds.
Good afternoon friends, and welcome to the start of another busy work week. Between the G7 meetings and the heads…
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