North Africa

321 posts · Page 29 of 33

Egyptian cement demand has fallen 20% since May

Egyptian cement demand has fallen 20% since May

Since Egypt's Ministry of Local Development (MLD) suspended building licences for six months in the governorates of Greater Cairo (Cairo-Giza-Qalyubia), Alexandria, and provinc...

Misr Beni Suef Cement records 84% rise in profit

Misr Beni Suef Cement records 84% rise in profit

Egypt’s Misr Beni Suef Cement Co has seen its profit rise 84 per cent YoY to EGP29.5m (US$1.85m) during the second quarter of 2020, against EGP16m in the 2Q19. The company a...

Two cement shipments set to arrive in Libya

Two cement shipments set to arrive in Libya

A ship transporting 4400t of bulk cement has arrived at Tobruk port, Libya, according to the country’s state news agency, LANA. Another shipment of around 3850t of cement is al...

Misr Cement Co sees 330% surge in net profit

Misr Cement Co sees 330% surge in net profit

Egypt’s Misr Cement Co (Qena) has reported a 330 per cent surge in consolidated net profit to EGP63.25m (US$3.96m) for the first half of 2020, against EGP14.69m in the 1H19. ...

Moroccan deliveries drop 24% in July

Moroccan deliveries drop 24% in July

Cement deliveries in Morocco fell 24.1 per cent YoY to 1,073,755t in July 2020 from 1,415,075t in July 2019, reports the Ministry of Urbanisation and Housing. In the January...

Ciments de Bizerte sees 1H turnover up 2%

Ciments de Bizerte sees 1H turnover up 2%

Tunisian cement producer Ciments de Bizerte has seen its total turnover expand 1.6 per cent YoY to TND42.781m (US$15.6m) in the first half of 2020. Domestic turnover edged up ...