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Sadiq Ahmed Sadiq El Sewedy increases Arabian Cement stake to 11%
Egypt: Private investor Sadiq Ahmed Sadiq El Sewedy has enlarged their stake in Arabian Cement to 11% from 9.5%. The investor paid US$1.6m for the additional shares. Al Ahly Pharos and EFG Hermes Holding provided brokerage services for the deal. Arabian Cement recorded a profit of US$6.17m in the first half of 2022, compared to a US$1.2m loss in the first half of 2021. /Global Cement
UAECEMENT.COM - SEP, 14 ,2022



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