{"id":673594,"date":"2025-10-15T00:00:00","date_gmt":"2025-10-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/15\/more-cement-production-licenses-incoming\/"},"modified":"2025-10-15T00:00:00","modified_gmt":"2025-10-15T00:00:00","slug":"more-cement-production-licenses-incoming","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/15\/more-cement-production-licenses-incoming\/","title":{"rendered":"More cement production licenses incoming?"},"content":{"rendered":"

\n

MANUFACTURING-<\/p>\n

#1- The Madbouly government is planning to offer two new cement <\/strong>production <\/strong>licenses before the end of 2025 <\/strong>to boost capacity and curb local price increases, Asharq Business<\/a> reports, citing three unnamed government officials. Each license will include a full production line that will add between 1.5-2 mn tons in annual output.<\/p>\n

The move aims to meet growing domestic and regional demand<\/strong> amid an expected uptick in reconstruction projects across the region. Industry insiders expect local cement consumption to rise to around 52 mn tons by the end of 2025 \u2014 up from 47 mn tons last year \u2014 supported by higher construction activity and stronger market demand.<\/p>\n

REMEMBER-<\/strong> The Industry Ministry announced that factories increasing output this month will receive one-time discounts<\/a> on fees tied to amendments in their production-capacity licenses, aiming to encourage higher utilization, stabilize prices, and ensure adequate domestic supply. The move follows a July directive that gave cement factories one month<\/a> to restart idle production lines as part of efforts to balance supply and demand in the local market.<\/p>\n

\n

\n

#2- Turkey\u2019s Kipas Textiles <\/strong>plans to set up a USD 100 mn<\/a><\/strong> integrated denim fabric <\/strong>production complex in Sadat City. <\/strong>The project is part of the company\u2019s efforts to expand its presence in Egypt. <\/p>\n

REMEMBER-<\/strong>Egypt has been in talks<\/a> with the Turkish Clothing Manufacturers' Association to attract new investments in garment supplies and accessories, with a Turkish business delegation planning to visit Egypt before the end of the year to explore establishing new factories to serve local and export markets. <\/p>\n

\n

BANKING-<\/p>\n

CIB is planning to apply for a digital banking license early next year<\/strong>, Chairman Hisham Ezz Al Arab told Al Arabiya<\/a>. He added that it will not take long to obtain the license as the bank has been working on developing its platform for over a year.<\/p>\n

Everyone is lining up to get a digital banking license:<\/strong> QNB got the greenlight to establish the new digital bank EZBank<\/a> earlier this month, Banque Misr\u2019s Misr Digital Innovation received approval from the CBE to transform into the country's first fully digital-native bank onebank<\/a>, and Raya Holding is planning on applying<\/a> for a digital banking license by the end of the year. <\/p>\n

\n

REAL ESTATE-<\/p>\n

Downtown Cairo-focused Al Ismaelia for Real Estate Investment has launched <\/strong>the TamaraHaus project<\/strong> to restore a historic Neo-Renaissance building in Downtown Cairo, originally built in the early 20th century, according to a statement. The building will be managed and operated by Alchemy Group\u2019s Alchemy Experience<\/a> and will serve as a cultural and lifestyle hub.<\/p>\n

The details: <\/strong>Alchemy Experience invested around EGP 200 mn in the property over the past two years. The redevelopment will feature a boutique hotel, restaurant, and fitness studio, Ismaelia Chairman Karim Shafei said at a press conference attended by EnterpriseAM yesterday.<\/p>\n

The developer expects to complete its <\/strong>capital increase<\/a><\/strong> by the end of this year <\/strong>or during the first quarter of 2026<\/strong>, according to Shafei. The capital hike is expected to accelerate the company\u2019s investment plan to acquire new assets and develop several of its buildings in Downtown Cairo. The plan also includes developing 150-200 hotel units within two years, Shafei added.<\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS- CIB is planning to apply for a digital banking license early next year<\/p>\n","protected":false},"author":1,"featured_media":673595,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[1138,111,204,1002,271,240,72,131,83],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-673594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-al-ismaelia-for-real-estate-investment","tag-also-on-our-radar","tag-banking","tag-cement","tag-central-bank-of-egypt","tag-cib","tag-enterpriseam","tag-manufacturing","tag-real-estate","wpautop","entry"],"acf":{"mongo_id":"642f18ac-20a5-4b35-b4df-7f01771011bb","order":"13","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/2495.jpg","photo_position":"above","homepage_title":"","full_issue_title":"More cement production licenses incoming?","related_issue":[673572],"teaser":"PLUS- CIB is planning to apply for a digital banking license early next year","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.9736fc23-656e-4e27-b9dc-6c4767083bee.mp3"},"yoast_head":"\nMore cement production licenses incoming? 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The government was planning to license new cement producers starting July despite a supply glut in the industry, according to a document breaking down the FY2020-2021 budget seen by Reuters\u2019 Arabicservice. A figure showing that the state expects to make EGP\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/197.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597404,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/25\/more-than-half-of-egyptian-factories-operating-below-75-capacity\/","url_meta":{"origin":673594,"position":1},"title":"More than half of Egyptian factories operating below 75% capacity","author":"enterpriseam admin","date":"25 July 2019","format":false,"excerpt":"Almost two-thirds of Egyptian factories are operating below 75% capacity, government sources told the local press. The government aims to raise industrial production by 17% this fiscal year to EGP 237 bn, up from EGP 203 bn last year. Industrial production is responsible for 15% of jobs in Egypt and\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/723.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":652612,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/15\/saudi-egyptian-ready-mix-delta-cement-apply-for-cement-licenses-left-over-from-cement-auction\/","url_meta":{"origin":673594,"position":2},"title":"Saudi Egyptian Ready Mix, Delta Cement apply for cement licenses left over from cement auction","author":"enterpriseam admin","date":"15 January 2017","format":false,"excerpt":"Saudi Egyptian Ready Mix and Delta Cement have applied for cement licenses that went unclaimed during last year's cement production license auction. The Industrial Development Authority (IDA) had received approval from the Ismail cabinet to offer the remaining licenses until the end of 2017, an unidentified government source told Al\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649901,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/seven-companies-apply-for-new-cement-licenses\/","url_meta":{"origin":673594,"position":3},"title":"Seven companies apply for new cement licenses","author":"enterpriseam admin","date":"12 March 2017","format":false,"excerpt":"Seven companies have filed papers to acquire cement production licenses from the Industrial Development Authority (IDA), said IDA head Ahmed Abdel Razek, according to Al Mal. Abdel Razek did not reveal the names of the companies. The IDA tendered 14 cement licenses at the end of 2016, but only awarded\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":557544,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/22\/jti-proposes-new-changes-for-tobacco-license\/","url_meta":{"origin":673594,"position":4},"title":"JTI proposes new changes for tobacco license","author":"enterpriseam admin","date":"22 September 2021","format":false,"excerpt":"Japan Tobacco International (JTI) is still lobbying to amend the contentious tender to offer additional licenses to sell tobacco products, proposing that either the government separates e-cigarettes from traditional cigarettes \u2014 as we reported last month \u2014 or offer multiple licenses, Al Mal reports.Other things we\u2019re keeping an eye on\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651178,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/06\/aswan-cement-to-apply-for-new-cement-license\/","url_meta":{"origin":673594,"position":5},"title":"Aswan Cement to apply for new cement license","author":"enterpriseam admin","date":"6 February 2017","format":false,"excerpt":"Aswan Cement is looking to acquire a cement production license from the Industrial Development Authority (IDA) in a bid to boost its production capacity to 3.5 mn tonnes per annum from 1.5 mn today, Al Borsa reports. At the end of 2016, the IDA had tendered 14 licenses, but awarded\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/673594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=673594"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/673594\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/673572"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/673595"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=673594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=673594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=673594"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=673594"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=673594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}