News
14.02.2025 16:27Arabian Cement pens €25M financing agreement with EBRD
Arabian Cement Company (Egypt) has signed a €25 million loan agreement with the European Bank for Reconstruction and Development (EBRD)
Region: Egypt
The project is designed to enhance the company’s reliance on clean energy sources while reducing the environmental footprint of its industrial operations
Region: Egypt
03.12.2024 16:51Egypt signs EGP 90m deal for Minya waste recycling plant
Egypt’s Minya Governorate on Monday signed an agreement with Assiut Cement Company (Cemex) for the management and operation of a waste recycling plant in Tuna El-Gebel, Minya Governorate, with total investments of up to EGP 90 million
Region: Egypt
19.09.2024 18:25Heidelberg Materials Egypt launches waste heat recovery system at Helwan Cement plant
H.E. Minister Kamel al-Wazir, Deputy Prime Minister of Egypt for Industrial Affairs, Minister of Transportation and Minister of Industry, has inaugurated Heidelberg Materials Egypt’s first-of-its-kind Waste Heat Recovery System in its Helwan plant
Region: Egypt
12.09.2023 13:40Suez Cement Group of Companies rebrands to Heidelberg Materials
Suez Cement Group of Companies (SCGC) has announced that it has rebranded to become Heidelberg Materials. The new brand identity underlines the company's pioneering role in the path to carbon neutrality and digitalization in the building materials industry.
Region: Egypt
16.08.2023 06:30Sinai Cement cuts consolidated loss by 22% YoY in H1
Sinai Cement Company (SCEM) posted a 22.12% year-on-year (YoY) drop in consolidated net loss attributable to the holding company for the first half (H1) of 2023, according to the consolidated financial income statement filed to the Egyptian Exchange (EGX) on August 15th.
Region: Egypt
Misr Cement – Qena (MCQE) has reported an 18.47% year-on-year (YoY) drop in consolidated profit attributable to controlling shareholders during the first half (H1) of 2023, recording EGP 43.747 million, compared to EGP 53.656 million, according to the financial statements filed to the Egyptian Exchange (EGX) on August 15th.
Region: Egypt