Egyptian promise Premium
Lafarge Egypt is among the leading companies in the domestic building materials sector with a long-standing history in the country. Despite current market headwinds and the impa...
Egypt
534 posts · Page 16 of 54
Suez Cement receives approval to delist from EGX
The Egyptian Exchange’s (EGX) listing committee has approved the voluntary delisting of Suez Cement Group from the EGX, according to a disclosure. Suez Cement's capital amounts ...
South Valley Cement reports contraction in net loss
Egypt’s South Valley Cement has seen its net loss contract to EGP132.81m (US$8.48m) in the first nine months of 2020, compared to EGP173.97m in the year-ago period. The company ...
Metallurgical Industries sells 6.4m shares in Tourah Portland Cement
Egypt’s Metallurgical Industries Holding has reportedly sold 6.4m shares in Tourah Portland Cement. The share sale has a value of EGP45.7m (US$2.91m). Tourah Portland also repor...
Tourah Portland Cement reports 10% decline in net sales
Egypt’s Tourah Portland Cement has reported a net loss of EGP56.7m (US$3.62m) in the third quarter of 2020, compared to a net loss of EGP55.3m in the year-ago period. Net sales ...
Suez Cement sees net loss widen in 9M20
Egypt’s Suez Cement has posted a consolidated net loss of EGP888.9m (US$56.79m) in the first nine months of 2020, widening from an EGP521.4m loss in the year-ago period. The com...
Misr Cement (Qena) sees consolidated net profit surge 32% YoY
Egypt's Misr Cement (Qena) has reported a consolidated net profit of EGP39.2m (US$2.51m) during the 3Q20, up 31.8 per cent YoY from EGP29.7m. Revenues fell 18.5 per cent to EGP1...
Arabian Cement posts net loss in the 9M20
Egypt’s Arabian Cement Co has reported a consolidated net loss of EGP39.78m (US$2.54m) in the first nine months of 2020, compared to a net profit of EGP33.3m in the year-ago per...
Sinai Cement reports net loss in 9M20
Egypt’s Sinai Cement has announced that its standalone net loss widened to EGP421.4m (US$26.95m) in the first nine months of 2020, against a loss of EGP311.2m in the year-ago pe...
ICSID rules in Egyptian states favour in Spanish cement case
After seven years of arbitration proceedings, the International Center for Settlement of Investment Disputes (ICSID) has turned down a lawsuit filed by Spanish companies Cemento...