Factories

Egypt to cut price of gas to steel and iron factories

Egypt to cut price of gas to steel and iron factories

Egypt will reduce the price it offers natural gas to steel and iron factories to $4.5 per one million thermal units from $7.

كتب: Reuters

Wednesday 09-03-2016 08:28 PM
Egypt's Suez Cement to convert two factories to run on coal

Egypt's Suez Cement to convert two factories to run on coal

Suez Cement, Egypt's largest listed cement maker by market value, said on Tuesday it planned to spend 600 million Egyptian pounds ($84 million) in 2015 on equipping two factories to run on coal due to the country's energy crunch.

كتب:

Tuesday 16-12-2014 02:25 PM
Egypt cuts natural gas subsidies to factories

Egypt cuts natural gas subsidies to factories

Egypt slashed its natural gas subsidies to several industries increasing gas prices by 30-75 percent, part of a broad government strategy to cut back subsidies that eat up to a fifth of its annual budget.

كتب:

Saturday 05-07-2014 12:33 PM
Updated | Factories in Egypt seek support to fight insolvency

Updated | Factories in Egypt seek support to fight insolvency

A huge percentage of Egyptian factories, which are bankrupt, are currently seeking technical and financial support from a local industrial development agency, the trade and industry minister said on Sunday.

كتب:

Monday 28-10-2013 01:31 PM
Egyptian factories, hit by subsidy cuts, highlight Cairo's fiscal dilemma

Egyptian factories, hit by subsidy cuts, highlight Cairo's fiscal dilemma

The idle factories in al-Saff, the base for most of Egypt's brick makers, are a sign of things to come if the government follows through with plans to reduce subsidies for industries long used to getting energy at a fraction of its real cost.

كتب:

Wednesday 22-05-2013 04:18 PM
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