INVESTMENT WATCH- Vicat to invest EUR 30 mn in Egypt: France-based cement producer Vicat Group’s Egypt arm is planning to invest an additional EUR 30 mn in Egypt, CEO Tamer Magdy said, according to Al Shorouk. Magdy did not provide further details on the company’s investment plans. Vicat, which entered the Egyptian market in 2003 through acquiring a 40% majority stake in Sinai Cement, had expressed its interest in 2017 in expanding its projects and investments in Egypt.

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