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Heidelberg’s Tourah Cement suspends production, considers liquidation amid losses
Heidelberg Cement subsidiary Tourah Cement has suspended production and could resort to liquidation due to financial distress caused by oversupply…
Suez Cement suspends Tourah Cement Co operations due to losses
Suez Cement has decided to temporarily suspend the operations of Tourah Portland Cement Company, of which it owns 66.12%, on…
My Morning Routine, with Jose Maria Magrina, managing director of Suez Cement
My Morning Routine looks each week at how a successful member of the community starts their day — and then…
LafargeHolcim considers “strategic options” for Mideast operations, including in Egypt
M&A WATCH- LafargeHolcim considers “strategic options” for its Middle East operations, including in Egypt: Some 2,500 Egyptian workers and professionals…
ATICOT to list up to 50% of shares in 2019
IPO WATCH- ATICOT looking to list up to 50% of shares in 2019: The Arab Trade, Investment & Cotton Trading…
France’s Vicat to invest EUR 30 mn in Egypt business
INVESTMENT WATCH- Vicat to invest EUR 30 mn in Egypt: France-based cement producer Vicat Group’s Egypt arm is planning to…
Arabian Cement, SolarizEgypt sign EGP 100 mn solar power plant agreement
Arabian Cement signs agreement with SolarizEgypt for EGP 100 mn solar facility: Arabian Cement Company (ACC) and SolarizEgypt signed on…
Egypt’s Nassef Sawiris sells shares in Switzerland’s LafargeHolcim
Nassef Sawiris sells USD 68 mn of shares in LafargeHolcim: Nassef Sawiris sold off USD 67.5 mn-worth of shares he…
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