Lafarge Egypt launches new products to lower CO2 footprint
Lafarge Egypt, a member of cement maker giant LafargeHolcim Group, announced on Wednesday new products compliant…
Browsing Tag
Lafarge
Egypt: cement prices on February 25
Amwal Al Ghad on demonstrates the cement prices in Egypt as of Thursday, February 25, 2021.
Cement prices in Egypt on February 23
Amwal Al Ghad on demonstrates the cement prices in Egypt as of Tuesday, February 23, 2021.
Lafarge to upgrade 460 ventilators in Egypt public hospitals to fight coronavirus
Lafarge Egypt, a member of Lafarge Holcim Group, is joining forces in the maintenance and modernisation of 460…
Orient Takaful wins Lafarge Cement Egypt’s €1 billion insurance policy tender
Egypt’s Orient Takaful Insurance Company has won a tender to provide insurance coverage for Lafarge Cement Egypt’s…
Lafarge says to build waste recycling plant in Egypt
France’s Lafarge is planning to build a new waste recycling plant in Egypt, with investments worth around 150…
Lafarge debates efforts to support Egypt construction sector
The CEO of Lafarge Egypt, a leader in building materials, is taking part Monday in Euromoney Conference to discuss…
Lafarge’s Lafont favors Cement insider as CEO in Holcim tie-up: paper
Lafarge (LAFP.PA) boss Bruno Lafont wants someone with experience of the cement industry to be chief executive in…
19 Cement Firms applied for Coal Usage in Egypt – Minister
Egyptian Ministry of Environment received 19 requests from the cement companies to use coal, minister Khaled Fahmy…
BREAKING: Orascom Construction Industries Wins Tax Battle with Egypt Authorities
The ongoing tax dispute between Orascom Construction Industries (OCI S.A.E.) ends in favour of OCI Company, parent…
Egypt Court to Rule in Sawiris Tax Dispute in October: OCI
An Egyptian court will issue a final ruling on Oct. 28 that may clear Nassef Sawiris, billionaire ex-chief…
Egyptian Court Ratifies Tycoon Nassef Sawiris’ 3-Year Jail Sentence
An Egyptian misdemeanour court ratified Sunday a court order sentencing billionaire construction tycoon Nassef…
European Stocks Drop Sharply; Bouygues Loses Bidding Fight
European stocks dropped Monday, hit in the wake of Friday's selloff on Wall Street that left the Nasdaq Composite…
Egypt’s Cabinet Approves Use of Coal for Power Generation
Egypt's cabinet on Wednesday approved the use of coal for power generation after a fierce debate within the…
Egypt’s Public Prosecutor Fully Exonerates Sawiris’ OCI of Tax Evasion Claims
OCI N.V. (Euronext: OCI) announced today that the Egyptian Public Prosecutor has fully exonerated the Company’s…
Gras Savoye Egypt Inaugurates its Second Affiliate Abroad, in Jordan
Gras Savoye Egypt – Insurance Broker inaugurated its new branch in the Hashemite Kingdom of Jordan on Wednesday.…
Egypt: OCI’s Referral to Prosecution is ‘Inevitable’ over EGP900mn Tax Arrears
The decision to refer Orascom Construction Industries (OCI) - which is owned by Egyptian business tycoon…
OCI Reportedly Defaults in Paying EGP900mn Tax Arrears
Orascom Construction Industries (OCI), which is owned by Egyptian business tycoon Nassef Sawiris, has delayed in…
Lafarge Net Profit Stable on Rising EM Demand
French cement maker Lafarge's (LG.FR) net profit was stable in the third quarter despite lower sales thanks to…
Lafarge Aims to Cut Debt Below €9 bln in 2014
Lafarge confirmed its goal to shrink debt below 10 billion euros ($13 billion) this year and said it would aim to…
OCI Says To Pay Egypt’s Tax Initial Payment Of EGP2.5 Bln In Days
Orascom Construction Industries S.A.E. (OCIC.CA), announced on Tuesday that it will start to pay the Egyptian Tax…
Egypt Bourse Benchmark Rises 0.97% In Week Powered By OCI-Tax Deal
In a week, the Egyptian Exchange has managed to post gains of EGP 1.4 billion backed by the final settlement…
Sawiris Family Finally Back Home As Tax Disputes Settled
Members of Sawiris family have arrived at Cairo International Airport on Friday coming from France, after a travel…
Egypt Lifts Travel Ban On Onsi, Nassef Sawiris Amid Tax Accord
The travel ban on Egyptian business tycoons Onsi Sawiris and his son Nassef – Chief Executives of Orascom…
EGX 30 Ends Below 5200 Pts As Regulator OKs OCI’s Amsterdam Listing
The Egyptian Exchange (EGX) has ended Tuesday’s session posting gains of EGP 561 billion coinciding with the…
OCI Says To Pay 1st Installment To Egypt Tax In Weeks
Orascom Construction Industries (OCIC.CA), announced on Tuesday that it will pay the Egyptian Tax Authority (ETA)…
Orascom Construction Reconciles With Egypt’s Tax, To Pay EGP 7.1 Bln
OCI N.V.’s subsidiary, Orascom Construction Industries (OCIC.CA), announced on Tuesday that it will pay the…
EGX 30 Ends Below 5200 Pts On Pending OCI, Hermes & IMF Deals
The foreign selling pressures have driven the Egyptian Exchange (EGX) to incur losses for the second day in a raw.…
EGX 30 Plummets 0.53% As OCI, Hermes Files Still Muddling On
During midday session, the Egyptian Exchange (EGX) has incurred losses of EGP 1.2 billion driven by foreign selling…
EGX 30 Ends This Week In Red Ahead OF Cabinet Reshuffle
The foreign selling pressures have driven the Egyptian Exchange (EGX) to end this week incurring losses of EGP 450…
EGX 30 Ends Above 5235 Pts, Market Awaits IMF Accord, OCI Tax Clues
The Egyptian Exchange (EGX) has pared its midday gains driven by the foreign selling pressures. The EGX has gains…
OCI Says Reaches ‘Advanced Stage’ In Talks With Egypt Tax
Orascom Construction Industries (OCIC.CA) announced that it has reached an advanced stage with Egyptian Tax…
EGX 30 Crosses 5300 Level Amid OCI Tax Settlement Optimisms; Closing
The Egyptian Exchange (EGX) has ended Sunday’s session posting gains of EGP 3 billion powered by investors’…
Orascom Construction Sees Tax Settlement Agreement This Week
Omar Derwaza - Head of Investor Relations at Orascom Construction Industries – announced that the ongoing…
Orascom Construction Offers US$350 Mln First Installment For Egypt Tax
Orascom Construction Industries (OCIC.CA) is offering to pay US$ 350 million as a first installment seeking to…
Sarie Eldin: No Updates On OCI’s Tax File, DAMAC Awaits Final Agreement
Dr. Hani Sarie Eldin - the legal counsel for Orascom Construction Industries (OCIC.CA), has asserted…
EGX 30 Inches Up 0.33% In IMF Talks Week
In a week which witnessed another round of talks over the US$4.8 billion loan between the Egyptian government and…
OCI Tax Debacle in Egypt Stokes Concern Over Who Might Be Next
Egypt’s decision to go after its biggest publicly traded company on a tax-evasion claim is deterring investors that…
OCI Says Still In Talks With Egypt Tax Authority; Trading Resumed
Orascom Construction Industries (OCIC.CA) stated that negotiations with Egyptian Tax Authority (ETA) are still…
EGX Suspends Trading On OCI, Awaits Tax Negotiations Updates
The Egyptian Exchange’s management has decided to suspend the trading on the stocks of Orascom Construction…