EIPR sues government for subsidising fuel to factories
Subsidies to factories do not benefit the state or its citizens: EIPR
Reducing energy subsidies is ‘good’ but may raise prices: Egyptian Steel chairman
Investors welcome the move to reduce energy subsidies, but ask government to…
Arabian Cement shares jump EGP 10.39 on first day of trading on EGX
CEO says IPO primarily aims to allow exit of investors, and can…
Use of coal would require EGP 140m investment: South Valley Cement
Cement company says it is aiming to increase investments in order to…
’Use of Coal’ trial postponed to 24 May due to minister’s absence: Administrative court
Sources at the Ministry of Environment say the cabinet has been pressuring…
Suez Cement Company invests EGP 300m to convert plants to use coal power
The company is still waiting for final approval from the Ministry of…
Egypt’s Arabian Cement to announce IPO price on 10 May
Reuters - Egypt’s Arabian Cement Company has set an indicative price range…
Arabia Group investing in 1m square metre project in Sinai: Chairman
Tarek Shoukry believes the prices of the property units by around 25%.
Government attempts to mitigate negative impact of coal usage
Violations of environmental standards will be met with taxes and tight penalties,…
Egypt’s Suez Cement Raises Dividend
Reuters - Suez Cement, Egypt’s biggest listed cement maker by market value,…