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New Tenth of Ramadan industrial zone + El Sisi meets European maritime CEOs
Other things we’re keeping an eye on this morning: Work on an 82-feddan EGP 1.1 bn industrial zone in Tenth…
OIH, Dice report 1Q2021 earnings
EARNINGS WATCH- Orascom Investment Holding (OIH) reported net losses of EGP 31 mn in 1Q2021, compared to a net income…
THIS MORNING: Sayonara Ever Given; GERD meeting tomorrow; EGX hit by GERD? Oil tanks following OPEC+ meeting.
Good morning, friends — We have another politics-heavy issue for you this morning, and it’s likely to stay that way…
Egypt to weigh in on rebuilding Iraq’s manufacturing sector
Egypt and Iraq are stepping up cooperation in manufacturing projects in a plan that will see Egyptian companies work on…
Trade Ministry pauses import ban following complaints
The Trade and Industry Ministry u-turned on its import ban on some electronic components on Wednesday, following criticism from businesses…
Russia eyes vehicle assembly in Egypt
Egypt could see locally assembled Russian vehicles: Russia is keen to expand its manufacturing partnerships with Egypt, especially when it…
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…
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