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Knauf targets $15m gypsum boards sales through new Egyptian factory

By Ahmed Adly Sales from German company Knauf’s recently opened factory in Suez could reach $15m in Egypt and Africa during the first year of production, said Alexander Knauf, Managing Partner of the company. The company, which specialises in modern building materials, plans to sell 8m sqm of gypsum boards during the first year of …

Daily News Egypt

Suez Canal

Suez Canal Development Project

The project represents global competition for the region in the fields of advanced logistics and industrial services as well as commerce, tourism, information technology, agriculture, and real estate.

Daily News Egypt

Egypt’s Suez Cement Raises Dividend

Reuters – Suez Cement, Egypt’s biggest listed cement maker by market value, will pay a cash dividend of EGP 2.65 ($0.38) per share, it said in a statement published on the bourse on Tuesday. The company, which lists Italcementi Group as its main shareholder, said it would make the payment in two phases. One pound …

Daily News Egypt