Brazilian Firm to Pump EGP 2bn in Egypt’s Cement MarketSource: www.export-egypt.com 5/24/2013, Location: Africa |
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As a result of President Mohamed Morsy's visit to Brazil, a giant cement company in Brazil decided to channel about two billion pounds in investment projects in Egypt. InterCement, a giant cement company, announced on 23/05/2013 that it will pump more than 1.9 billion pounds in investment projects to implement a package of future expansion plans on the Egyptian market. Morsy's visit dispelled fears of investors toward the Egyptian market, said chairman of the company board of directors Ricardo Barbosa at a press conference in Cairo. He noted that Egypt is capable of overcoming the current critical transitional period.
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Financials and Investment News in Egypt >> |
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Egypt >> 9/19/2024 - Egypt is having a special participation at the IFTM-Top Resa exhibition, which lasts until Sept.19 in Paris.
Egypt’s pavilion has more than... |
Egypt >> 9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...
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Egypt >> 9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...
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Egypt >> 9/18/2024 - Benchmark index EGX 30 was up 0.61 percent to 30,342.46 points, with the Shariah index climbing by 0.20 percent to reach 2,879.64 points.
E... |
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Egypt >> 9/18/2024 - The British company Globeleq is set to collaborate with the Egyptian government in establishing a substantial project for green hydrogen production, a...
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Egypt >> 9/18/2024 - Deputy Prime Minister and Minister of Health and Population Khaled Abdel Ghaffar asserted the importance of cooperating with South Africa in the field...
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