EL-Garhy eyes investing in chemicals sector amid exiting Solb Misr Group
Egyptian businessman Gamal El-Garhy -Head of Misr National Steel Company (Ataqa)- plans to invest in chemical…
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Solb Misr
Egypt steel producers increase prices by 5% on newly-adopted VAT
Egyptian steel producers have raised steel prices for the local market by 5 percent just after the government had…
Steel group Solb Misr investments in Egypt hit $1.7bn
Investments of steel group Solb Misr in the Egyptian market are estimated at around 14 billion Egyptian pounds…
Solb Misr incurs $64mn losses, delays trading in EGX until 2017
Egyptian steel group Solb Misr has incurred losses estimated at 500 million Egyptian pounds (US$63.8 million) in…
Solb Misr defers 20% IPO in Cairo bourse until H2-2015
Egyptian steel group Solb Misr decides to delay share sale of 20 percent in Cairo bourse until the second half of…
Solb Misr To Pump $200 M In Investments: El-Garhy
Gamal El-Garhy, chairman of Solb Misr Company, said his company plans to pump approximately EGP 1.6bn, or $200m, in…
Solb Misr invests $100mn to Boost Steel Production in Ataqa Plant
Egypt-based steel group, Solb Misr has pumped investments worth US$100 million to establish a new production line…
Solb Misr Seen EGP1bn Losses in 2014 as Energy Crisis Intensifies
Egyptian steel group, Solb Misr is likely to end this year with total losses of one billion Egyptian pounds amid…
Solb Misr Allocates $300mn to Resume Building of two plants in 2014
Egyptian steel group Solb Misr is planning to pump new investments amounting to US$300 million within the current…
