Cement News tagged under: Misr Cement

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Misr Cement becomes an exclusive agent for MAN in south Upper Egypt

18 March 2024, Published under Cement News

Misr Cement Maintenance has collaborated with Kastour Egypt for Trade and Industry, the exclusive agent of the International German truck brand MAN along with other brands. The agreement was signed by Kastour Egypt for Trade and Industry, represented by Eng Kastour Mamdouh Kastour, chairman and managing director, and Misr Cement Maintenance, represented by Eng Bassam Abdel Rasoul, group chieft echnical officer. Misr Cement Maintenance's centre is now the authorised service and mainte...

Misr Cement appoint new CEO and MD

07 February 2024, Published under Cement News

Mr Hassan Gabry has been appointed the new CEO, managing director and member of the Board of Directors at Misr Cement Group , effective from February 2024. Mr Gabry brings over 30 years of distinguished professional experience in commercial operations and business functions, with a significant focus on the cement industry spanning approximately 20 years. He has held key leadership and executive roles in major multinational companies across various continents.  With his extensive backg...

Misr Cement Group joins WCA

15 June 2023, Published under Cement News

The World Cement Association (WCA) is welcoming Misr Cement Group, one of the longest-standing cement and building materials manufacturing companies in Egypt, as a corporate member. Misr Cement Group group works towards operating with a minimal environmental impact, by incorporating sustainable projects into its processes to protect and replenish the environment surrounding its facilities in Upper Egypt. Projects include the launch of environmentally friendly products, planting of trees i...

Misr Cement-Qena reports 84% profit drop in 2019

02 March 2020, Published under Cement News

Egypt-based Misr Cement (Qena) an 84 per cent YoY decline in consolidated net profits to EGP16.45m (US$1.05m) in 2019, compared with EGP104.39m in 2018, according to a statement to the Egyptian Exchange. Sales fell to EGP3.1226bn in 2019, down from EGP3.1229bn the previous year. Stand-alone net profits more than halved from EGP76.54m in 2018 to EGP35.24m in 2019.