
FRA approves Vicat’s offer to acquire Sinai Cement
It explained that the offer is an implementation of the final settlement agreement signed between the country and Vicat Egypt on March 21.
It explained that the offer is an implementation of the final settlement agreement signed between the country and Vicat Egypt on March 21.
Prime Minister directed for solving cement companies’ problems over four months ago, but no actions were taken, says Tamer Magdy
Vicat acquired Sinai Cement, located near Al-Arish City, in 2003. Sinai Cement is a public company, listed on Egyptian Exchange since July 2000. It operates within the materials sector focusing on construction materials. Sinai Cement is based in Cairo, Egypt, and was established in January 1997.