Mapei expands in Egypt with new 30,000m2 plant
The new facility will produce a broad range of Mapei’s signature products – ceramic adhesives, mortars, concrete admixtures and cement grinding aids – to meet increasing domest...
Egypt
531 posts · Page 4 of 54
Misr Beni Suef Cement net profit surges to EGP833.439m in 2024
Misr Beni Suef Cement Co reported a 93.8 per cent hike in non-consolidated net sales of EGP3.94bn (US$77.1m) in 2024 from EGP2.033bn in the year prior. Stand-alone net pr...
Misr Cement Group posts 136% jump in net profit
Egypt-based Misr Cement Group reported a net profit of EGP272m (US$5.38m) in 2024, up 136 per cent when compared with 2023. The increase is attributed to the company’s cost o...
Arabian Cement Co signs 30-year solar power purchase agreement
Arabian Cement Co (ACC), part of Cementos La Union group , has signed a 30-year power purchase agreement (PPA) with IRSC for Renewable Energy Solutions, a leading developer...
Sinai Cement returns to black in 2024
In 2024 Vicat -owned Sinai Cement returned a net profit of EGP3.07bn (US$60.8m) when compared with net losses of EGP-121.42m in 2023. Non-consolidated net profits reached EG...
Cementir's reports Turkish revival in 2024 results
Cementir' s regional results for the 2024 saw strong cement sales in Türkiye and stable sales in Denmark and USA, but elsewhere cement performances came under pressure from sl...
Cementir posts 2024 results with gross profits down 7 %
Cementir ’s Board of Directors released the company’s financial statements for the year ended 31 December 2024. Profit before taxes was EUR295.3m, down 6.5 per cent on E...
Bruks Siwertell secures strategic ship loader order
Bruks Siwertell has secured a new order for a Siwertell ship loader from Sky Ports, Egypt, part of the Sky Logistics Group. The ship loader will play a pivotal role in supporti...
Misr Cement Qena sees 151% profit rise in 2024
Misr Cement Qena Co reported a 44.9 increase in sales to EGP5.839bn (US$115.4m) in 2024 from EGP4.029bn in the prior year. The company’s net profit attributable to equity h...
EBRD provides EUR25m to Arabian Cement Co
The European Bank for Reconstruction and Development (EBRD) is providing up to EUR25m in financing to Arabian Cement Co , Egypt, according to the bank. The sum aims to sup...