GAFI approves sale of Helwan white cement plant to Emaar
Suez Cement Company [SUCE.CA] announced that the General Authority for Freezones and Investment (GAFI) has approved the sale of its 99.5%-owned subsidiary Helwan cement's white cement plant to Emaar industries, which has been signed off by the company's EGM last November. It is worth noting that Helwan Cement Company has entered into an agreement in 18 September with Emaar industries for the sale of its own white cement plant.
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