Arabian Cement, Egyptian Refining sign petcoke to reduce production costs
Arabian Cement Co., the Egyptian Refining Company (ERC) signed an agreement on annual supply of petroleum coke…
Browsing Tag
Arabian Cement
Egypt’s Arabian Cement Q3 profits jump to 95.9 million pounds
Egypt’s third largest cement producer, Arabian Cement (ACC) reported Monday an increase in its third-quarter…
Arabian Cement’s investments in Egypt record $600mn
The Egyptian-based company Arabian Cement (ARCC.CA)’s current investments in Egypt stand at around US$600 million,…
Arabian Cement Company rolls out Social Start-up Programme
The Egyptian-based company, Arabian Cement has launched a social start-up programme, ‘Khaleeha Suessi’ in…
Arabian Cement to use alternative energy in capacity increase
Arabian Cement is seeking to utilise alternative energy to increase its capacity to 100%, the company’s CEO Jose…
Emaar Misr formally requests Egypt Bourse Listing
Emaar Misr, the Egyptian arm of Dubai's largest listed real estate developer Emaar Properties , filed a formal…
$1.75bn in IPOs planned for Egypt This Year
Egyptian companies could raise as much as US$1.75 billion this year from seven IPOs as the economy begins to…
Dubai’s Emaar aims to raise EGP2 billion in Egypt IPO
Dubai’s Emaar Properties will list part of its shares on Egypt’s bourse within the second quarter of this year, two…
CI Capital says arranging Four IPOs worth $600mn on Egypt Bourse
Egypt’s investment bank CI Capital is arranging four initial public offerings (IPOs) in the country’s bourse at a…
Egypt’s Cement Firms Overcome Gas Shortages by Importing Coal
Several of Egypt's major cement producers have begun retrofitting their plants to run on energy from imported coal,…
Egypt’s Arabian Cement Agrees Joint Venture with Brazil’s Cementos La Union
Egypt's Arabian Cement has entered a joint venture for cement grinding with Brazil's Cementos La Union worth 23…
Egyptian Bourse Says to Approve 10 Listings by Year-end
The Egyptian stock Exchange (EGX) expects to have approved the listings of 10 companies by the end of this year as…
Egypt IPOs Set for Revival As Etisalat is Said to Mull Sale
Etisalat Misr, the Egyptian unit of Emirates Telecommunications Corp. (ETISALAT), is set to revive the nation’s…
EFG Hermes Initiates Arabian Cement Rating With Buy; FV At LE 13.6
EFG Hermes research unit initiated, in a recent report, Arabian Cement company (ARCC) coverage with a 'Buy' rating…
Egyptian Twinkies Maker Eyes Hiring Goldman Sachs for IPO – Sources
Edita Food Industries, the Egyptian snacks maker part-owned by buyout firm Actis LLP, is close to hiring Goldman…
Arabian Cement Shareholders Endorse EGP0.11/Share Dividend
Shareholders of Egypt-based Arabian Cement Company approved on Monday the proposed dividend payout at EGP 0.11 per…
Delta Cement to IPO 50% of Shares in Egypt Bourse in H2
Delta Cement plans to IPO 50% of its shares in the Egyptian stock market in the second half of 2014. The vice…
Arabian Cement: Q1 Net Profit Hits $16.4 million
Egypt's Arabian Cement Company reported a consolidated net profit of EGP 117 million (US$16.4 million) for the…
In London, Egypt Pledges Reform, Seeks Investor Support
With Egypt’s presidential election approaching fast, representatives from the Egyptian government and financial…
Arabian Cement to Begin Trading on Egypt Bourse Next May 18
Arabian Cement announced that its common stock will begin trading on the Egyptian stock market on Sunday, May 18,…
Egyptian Banks See More IPOs Following Arabian Cement Share Sale
Egyptian investment banks expect at least two companies to sell shares to the public in the next 12 months after…
Raya Holding Plans IPO for Subsidiary on Egypt Bourse
Egypt's Raya Holding announced on Sunday that its wholly-owned affiliate plans to launch its IPO on the local…
Egypt Shares Lose EGP4.3 bln in Week on Profit-taking
In a week which coincided with Labour Day holiday along with the end of trading sessions of April, Egypt's stocks…
Egypt’s Arabian Cement to Announce IPO Price on May 10 -CEO
Egypt's Arabian Cement Company has set an indicative price range for a forthcoming stock market flotation at…
Norton Rose Fulbright advises on Arabian Cement’s IPO in Egypt
Global legal practice Norton Rose Fulbright is acting as international transaction counsel in relation to the…
Egypt Bourse May Remove Precautionary Measures after Presidential Polls; Omran
The Egyptian Exchange (EGX) is unlikely to remove the remaining precautionary measures applied by the bourse since…
Arabian Cement to Begin Steps towards Listing in Egypt Bourse
During a meeting held Monday afternoon between Dr. Mohamed Omran, Chairman of the Egyptian Exchange (EGX) and Mr.…