Egyptian ceramics maker Gemma plans 90 mln pounds investments in H2

Egypt-based ceramics maker, Al Ezz Ceramics and Porcelain Company (Gemma) said Wednesday it is planning to pump investments worth 90 million Egyptian pounds ($5 million) within the second half of 2017.

Gemma’s profits increased 25 percent to 35.84 million pounds in 2016, compared with 28.76 million pounds in 2015.