Metallurgical Industries Holding recalculates investment for Egyptalum factory development
Projected costs range between $400-450m, say sources
EgyptAlum selects Premier Securities Brokerage to conduct fair value study of company’s shares
The sources added that the choice came after a comparison between several…
Egyptalum considers appointing financial adviser to determine share fair value ahead of Saudi PIF deal
Sources told Daily News Egypt that the fair value study is expected…
PIF awaits regulatory approvals to subscribe to capital increase of Egyptalum
Saudi fund will inject about $200m investment in Egyptian company
Egyptalum’s results expected to benefit from repercussions of Ukraine war
Company seeks to take advantage of production opportunities globally: Source
Saudi Arabia’s Public Investment Fund to offer $200m in capital increase of Egyptalum
DNE has written earlier about the PIF’s plan to invest in Egyptalum,…
Egyptalum signs Sigman Group to study feasibility of car rims production
On Tuesday, the company said that it had launched a tender for…
Egyptalum receives 6 bids for car wheel rims production from European, Chinese firms
The Egypt Aluminium Company (Egyptalum) has revealed that six European and Chinese…
Bechtel wins engineering consultant contract for Egyptalum’s 7th production line
The project aims to increase Egyptalum’s production of aluminium, with Bechtel highly…
Egyptalum expects EGP 993.7m net losses in FY 2020 due to higher production costs
Company’s revenues decline to EGP 7.254bn in last fiscal year