Citadel Capital, an investment company based in Africa and the Middle East, has secured a 49% stake in ent company based in Africa and the Middle East, has secured a 49% stake in Sphinx Glass, a float glass manufacturer, from DH Investors ...
Tags: Sphinx Glass, Citadel Capital
A consortium in partnership with Qemmet El-Iraq will overhaul and manage the 2 MTPA Muthanna Cement Plant in Muthanna Governorate on 14-year contract. A consortium of ASEC Cement, a portfolio company of ASEC Holding, and Iraq s Qemmet ...
Tags: ASEC Cement, Iraqi Market
Egyptian miner, Asec, has posted EGP17.8m ($2.5m) in net losses in the first six months of 2013, compared with net losses of EGP15.2m ($2.1m) in the same period last year, Ahram has reported. Pre-tax financial results of the first six ...
Tags: Construction
Gulf News reported that Citadel Capital SAE has agreed with Qatari investors to import liquefied natural gas into Egypt from mid 2013. Citadel Capital said that the JV which will be 51% owned by Qatari investors and investment bank ...
Tags: LNG, liquefied natural gas, LNG storage, floating LNG storage
New Minya Governor, Dr. Moustafa Kamel Eissa, tours ASEC Cement s $360m state-of-the-art greenfield cement plant as it initiates cold run testing. ANCC will create a total of 1, 200 direct and indirect jobs in Upper Egypt. The new Governor ...
Tags: market view, cement
The Algerian government is negotiating with Egypt s ASEC Cement to acquire a minority stake in its Algeria-based operations, the firm s main stakeholder told the stock exchange on Wednesday. Algeria aims to acquire 49 per cent of ASEC ...
Tags: market view, cement
Egypt s ASEC Cement is in talks with the Algerian government to sell a minority stake in its Algeria-based operations, Ahram has reported. Algeria aims to acquire 49% of ASEC Cement Algeria by increasing the company s paid up capital, which ...
Tags: market view, cement
Citadel Capital has announced that ASEC Cement is continuing with capacity expansion plans at the Zahana plant in Algeria following completion of an overhaul at the Zahana Cement Company. ASEC is also due to begin commissioning at a new ...
Tags: market view, cement