New cement licence prices to be determined this month
Prime Minister, Sherif Ismail, is set to hold a meeting with the ministers of the economic group to determine the final prices for the new cement licences, which are scheduled to be auctioned during this month. According to a source from the Industrial Development Authority (IDA), bidding prices may vary from one governorate to another, according to the requirements identified by IDA. Six companies are expected to bid on eight of the 14 new licences to build cement factories. (Al Borsa)
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