Solar power plant approved for Arabian Cement
The Egyptian Electricity Utilities Regulatory and Consumer Protection Agency (EgyptERA) has approved the construction of a 7.5MW solar power plant for Arabian Cement Co. The app...
Arabian Cement Company
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Arabian Cement record profit fall of 88% in 1H19
Arabian Cement Co (ACC) of Egypt announced a fall in profits of 88.1 per cent to EGP25.3m (US$1.52m) for 1H19 compared to EGP212.77m in 1H18. Profits in 2Q19 dipped to EGP19.4m ...
Arabian Cement makes 2Q18 net loss of SAR50.9m
Arabian Cement Company (ACC) registered a net loss of SAR50.9m (US$13.5m) in the 2Q18 mainly due to reduced performance at its Qatrana Cement factory in Jordan. The company's ne...
Increased demand for alternative fuel in Egypt
Egypt’s Minister of Environment, Khaled Fahmy, has opened a cement production line at Arabian Cement Co’s facility in Ain Sokhna, Suez, that uses Hot Disk technology for alterna...
Arabian Cement in merger talks with Al Safwa Cement
Arabian Cement has entered into potential merger talks with Al Safwa Cement of Saudi Arabia, owned by El Khayyat Group, Public Pension Authority (PPA) and General Organisation f...
Qatrana Bank receives US$140.9m loan from Arab Bank Jordan
Jordan-based Qatrana Cement, the subsidiary of the Saudi-based Arabian Cement Co, signed an agreement with Arab Bank Jordan for a loan worth JOD100m (US$140.9m).
Arabian Cement launches round 2 of social start-up
Egypt-based Arabian Cement Company (ACC) has launched the second round of its social start-up programme, continuing in partnership with Nahdet El Mahrousa (NM), TradeArabia repo...
Arabian Cement quarterly net profit rises
Arabian Cement Co of Egypt posted consolidated net profits of EGP59,741,627 (US$3.3m) in the first three months of this year, versus net profits of EGP34,145,321 in the same per...
Egypt: Arabian Cement to reduce US$ loans
The Arabian Cement Company plans to accelerate the repayment of US dollar loans owed to banks during the current year to decrease the total value of these debts to EGP40m (US2.1...
Arabian Cement profits down 84% in 4Q16
Arabian Cement Company have reported an 84.36 per cent YoY fall in net profit in the 4Q16, according to a bourse filing. Profits reached SAR24m (US$6.4m) in 4Q16 compared to SAR...