Egypt sets out on a new course
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 progra...
Egypt
531 posts · Page 35 of 54
Cimpor takes massive provisions in Brazil
Cimpor's first-half turnover dropped by 31.1 per cent to EUR897.3m, while EBITDA declined by 39.1 per cent to EUR170.1m. The amortisation and provision charge jumped from EUR10...
Egypt: Sinai Cement returns to profit
Sinai Cement has announced that it earned a net profit of EGP15.4m (US$1.7m) for the first half of 2016, reversing the EGP28.7m losses that it recorded in the same period last ...
Egypt: South Valley profits up 33%
South Valley Cement announced a net profit increase of 33 per cent for the 1Q16. A net profit of EGP42.85m (US$4.82m) was registered in the quarter compared to EGP32.35m for th...
Egypt: Arabian Cement to install new coal mill
Arabian Cement Co announced that the company's board of directors was convened last Sunday and approved the legal procedures to build a new coal mill worth EGP80m (US$9m). ...
Egypt: Siemens to launch Sicement Electrification system
Siemens Egypt will on Thursday launch its new Sicement Electrification System at the “Bringing Power to Cement Industry” forum in Cairo, Daily News Egypt reports. Egyptian c...
Egypt: Suez Cement 1H16 sales up 6%
Suez Cement Group of Companies (SCGC) 1H16 results showed that growth slowed in 2Q16, due to lower demand during the holy month of Ramadan and June. However, overall, the domes...
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 organisa...
Egypt: new licences may threaten Misr Cement
The Egyptian government will announce the results of the license 8 tender on 30 July, which will see the addition of new production capacity to compete with current companies i...
Egypt: Suez Cement ranked bottom
Egyptian company Suez Cement has ranked in the bottom quartile of the country’s performers for the year just passed. The company’s performance saw it ranked 144/144 in the BSS ...