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Fertilizer producers are pushing to almost double the price of subsidized fertilizers
The government last hiked the price of subsidized fertilizers in November 2021
Japan’s Saraya mulls another two SCZone projects. PLUS: Yacht tourism, City Lab + Cairo Clinical Labs, Afreximbank, Instapay, Mermec, Kima, Exits, Eagles Fert, Sky Abu Dhabi, Azimut
The projects would come as part of the second phase of the company’s USD 25 mn investment plan in Egypt
Fertilizer companies restart operations as gas supplies return. PLUS: Futek, Wellpal, Azimut, EdVentures, Orascom Development Egypt
The restarting of operations follows the resumption of production at Sidpec’s factory last week
Green hydrogen, solar, ethane and wind project investment news ramps up
Agreements and MoUs totalling EUR 67.7 bn inked at the recent Egypt-EU Investment Conference mostly centered around green hydrogen
Wastewater plants, schools, and electricity projects to soon be offered up for the private sector. PLUS: Sidpec, Integrated Diagnostics Holdings, Elsewedy Electric, Infinity
Four wastewater plants will be offered to the private sector within four months
Soaring fertilizers prices got the nation’s hosts talking last night
Fertilizer prices have more than doubled on the back of gas shortages
New public-private consortium to launch USD 600 mn to import ethane gas
The company is set to launch before the end of June
Government pledges to end power cuts by third week of July with USD 1.2 bn set aside for energy imports and other initiatives
Madbouly penciled in the third week of July as when the country will be ready to “stop cutting electricity completely…
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