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Cement producers call for gov’t intervention to salvage ailing sector
The cement industry is calling for gov’t intervention to save crippled sector, saying it is time for the state to…
Cement demand on track to fall again in 2020
Two more signs the cement crisis is getting worse: Demand for cement is on track to drop to 45 mn…
Egyptian Cement to inaugurate EGP 4.5 bn cement factory in Sohag amid supply glut
Egyptian Cement is planning to inaugurate a EGP 4.5 bn cement factory in Sohag next year, CEO Ahmed Abou Hashima…
Cement oversupply crisis could force six producers out of Egypt by 2021
Supply glut could push six cement producers out of Egypt by next year, Lafarge boss says: As many as six…
Arabian Cement profits triple in 1Q2020 to EGP 16 mn
EARNINGS WATCH- Arabian Cement profits triple in 1Q2020 to EGP 16 mn: Spending cuts helped Arabian Cement to deliver a…
Earnings Watch: Misr Cement, Abu Qir, Telecom Egypt
EARNINGS WATCH- State-owned Telecom Egypt (TE) reported a 19% y-o-y decline in 1Q2020 net profits to EGP 1.3 bn on…
Your top infrastructure stories of the week
Your top infrastructure stories of the week: Five cement factories could close this year as covid-19 compounds sector’s woes, officials…
Five cement factories could close this year as covid-19 compounds sector’s woes
Four or five of Egypt’s two dozen cement factories could be forced to close in the coming months, as the…
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