Sinai Cement, Egypt, reported a steep fall in profits for the first half of 2013. 1H13 net profits fell by 31 per cent to EGP51.1m (US$7.3m), down from EGP74.2m (US$10.6m) over the same period last year.

Hima Cement emerges as leading contender to acquire Khayah Cement
Hima Cement , the East African producer owned by Uganda’s Sarrai Group, has emerged as the lead...