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Evergrow is restructuring its debts
Egyptian fertilizer company Evergrow has signed a USD 400 mn loan agreement with a syndicate of 12 banks led by…
Gulf consortium eyes stake in Empower
Empower to raise EGP 400 mn from stake sale to Gulf consortium: A consortium of three Gulf companies and banks…
Also on our radar on 3 March 2021
Fertilizer export tariffs raised amid commodities boom: The Trade Ministry has raised the duty imposed on nitrogen fertilizer exports as…
Tons and tons of M&A news
Greek energy company Energean has completed the acquisition of Edison’s energy portfolio, which includes substantial oil and gas assets in…
Diplomacy + Foreign Trade on 22 September 2020
Topping diplomatic coverage this morning: Does Turkey want to kiss and make up? Turkey, which has been busy angering the…
Industry requests another cut in gas prices to USD 3.5/mmbtu
Industrial players still want to pay less for natural gas… Chemicals and fertilizer manufacturers are raising the issue of lowering…
Local banks joining UAE’s Mashreq in arranging USD 360 mn loan to Evergrow
At least five banks — the National Bank of Egypt, Banque Misr, Suez Canal Bank, the Housing and Development Bank,…
Chemical Holding to acquire half of Al Ahli Capital’s stake in WAPHCO
M&A WATCH- Chemical Holding to acquire 10% stake in phosphate company: The Chemical Industries Holding Company is closing in on…
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