HeidelbergCement follows Vicat's lead and challenges Cairo

HeidelbergCement Group has been present in the Egyptian market since 2016 when it became a shareholder in Suez Cement.
HeidelbergCement Group has been present in the Egyptian market since 2016 when it became a shareholder in Suez Cement. © heidelbergcement.com
The cement sector is a crucial part of President Abdel Fattah al Sisi's future administrative capital mega-project. Dominated by the Egyptian army, the sector has suffered a new setback following German company HeidelbergCement and its French and Italian subsidiaries' decision to register a request for arbitration proceedings with the World Bank's arbitration court, ICSID. [...] (345 words)
Issue dated 09/11/2021 Reading time 2 minutes
This article may be accessed by subscribers and e-wallet holders (USD 12.50)
Log in to read more

Subscribe or Pay-Per-Article
Discover our offers

Read this article here:

Further reading
On our other sites

New: Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!