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Cement industry production cuts on the way?
A way out of the Great Cement Crisis? An agreement stipulating production cuts for cement manufacturers and other industry-wide measures…
Kuwait’s SWF eyes new acquisitions in Egypt’s pharma, food sectors
Kuwait’s sovereign wealth fund KIA is planning to acquire minority stakes in four to five companies in Egypt over the…
Re-energized small-cap index coming to a market near you at the end of the year
The EGX30 ended today’s session flat on turnover of EGP 685 mn (53.5% below the 90-day average). Foreign investors were…
A light at the end of the canal?
The good news: The Ever Given is starting to budge. Tug boats managed to move the giant vessel 29 meters…
Also on our Radar on 24 March 2021
A syndicate of domestic banks has agreed to almost double the value of a loan taken on by the Saudi…
We could make Sinovac + tourism workers at the head of the line
We could soon be making China’s Sinovac vaccine here at home as Egypt is expected to reach an agreement with…
Eastern Company confirms ongoing tender that would (kind of) end its tobacco monopoly
Tobacco monopoly Eastern Company has confirmed we’re about to see a new competitor: Several companies were invited to bid to…
Will Eastern’s monopoly go up in smoke?
Eastern Company’s tobacco monopoly could soon come to an end after the government put a license to manufacture regular and…
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