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Some investors are interested in state-owned Sinai Manganese. PLUS: Al Habtoor likes the SFE — and news from Suez Cement, TMG, Russian wheat
The company is one of 35 officially earmarked by the government for privatization
OC breaks ground on Ras Ghareb wind farm + Suez Cement adds more solar to its energy mix
We have two stories this morning from Egypt’s renewable energy sector after the Orascom-Engie-Toyota Tsusho consortium broke ground on its…
Suez Cement has a new CEO + the IFC appoints a new North Africa director
Suez Cement has appointed commercial director Mohamed Hegazy (LinkedIn) as its new CEO, replacing our very good friend Jose Maria…
How unstable weather, and rising temperatures brought climate change to the forefront in 2021
2021 in review: The year Egypt saw climate change get real. Global heating became an undeniable reality for anyone living…
Cement prices are finally rising in Egypt — but producers continue to face challenges
Cement prices are finally rising in Egypt — but producers continue to face challenges: As nations ramp up investments in…
Cement industry is finally getting a lifeline
Is the government finally stepping in to rescue the cement industry? Cement producers were given the greenlight to cut production…
An acquisition here, a stake sale there …
Suez Cement has sold its 51% stake in Kuwait’s Hilal Cement for EGP 155.8 mn, the company said in a…
Sign of the times for cement
Suez Cement is going to go private after trying to buy out as many minority shareholders as possible. Shareholders sold…
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