Wednesday 8 May 2024
 
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El Wadi Cement

Credit Agricole Egypt denies giving El Wadi loan

Credit Agricole Egypt denied on Wednesday an Egyptian newspaper report it had agreed to lend El Wadi Cement 150 million euros ($183.5 million) to help it build a cement plant in Egypt. Al-Mal newspaper reported on Tuesday that El Wadi had

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Egypt will not reissue El Wadi Cement's licence

Egypt's El Wadi Cement will not be reissued a cement licence after the country's Industrial Development Authority (IDA) said it wanted to open up the region's booming construction sector to further competition. Egypt, which reo

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