El Nahda Cement partially stops production line at Qena plant
Egypt's El Nahda Cement has decided to partially suspend the main line at its 5500tpd Qena plant for nearly six months. The actions come as a result of a decrease in sales and a...
Asec Cement
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ASEC renews technical management contract with Beni Suef Cement
ASEC has announced the renewal of its Technical Management contract with Misr Beni Suef Cement Company until December 2023. Entrusted with the technical management of the first ...
ASEC Cement starts Zahana exit negotiations
Qalaa Holdings announced that its subsidiary ASEC Cement has commenced negotations to exit Zahana Cement, in which it owns 35 per cent of shares. ASEC Cement has invested US$62m...
Minya's coal storage solution Premium
To help meet the Egyptian rules and regulations on the storage of coal, ASEC Cement Company called on OYK Consultants to design and deliver a suitable storage solution quickly a...
Qalaa Holdings completes sale of ASEC Ciment Algérie
Qalaa Holdings announced that its subsidiaries ASEC Cement and ASEC Cement Djelfa Offshore have completed the sale of 100 per cent of ASEC Ciment Algérie (ACA) to an Algerian in...
Egypt sets out on a new course Premium
President Abdel Fattah al-Sisi has managed to return a certain degree of stability to Egypt, with the economy expected to show a gradual recovery. A broad infrastructure program...
Egypt: Qalaa 1Q16 losses
Qalaa Holdings recorded a 1Q16 net loss of EGP242.7m (US$27.3m), greater than the losses of EGP112.2m (US$12.6m) seen in the same period last year, as reported by news organisat...
Qalaa Holdings 9M15 revenue driven by energy and cement divisions
Qalaa Holdlings reported consolidated revenues of EGP2051.2m in the third quarter of this year, up 19 per cent compared to the same period of 2014. On a nine-month basis, revenu...
ASEC Cement closes sale to Misr Cement Qena
ASEC Cement, a business unit of Qalaa Holdings, on Sunday announced it reached financial close on the sale of its holdings in subsidiaries ASEC Minya Cement and ASEC Ready Mix C...
ASEC to sell ASEC Minya Cement, ASEC Ready Mix
Qalaa Holdings announced yesterday that its business unit ASEC Cement has signed a sale and purchase agreement for the sale of its holdings in subsidiaries ASEC Minya Cement and...