Suez Cement, listed on the Egyptian Exchange (EGX), sold its stake in the Kuwaiti cement producer for a value of KWD 3 million or KWD 0.057 per share, according to a bourse statement on Sunday.
Earlier, the board of directors of Suez Cement approved a decision to offer its 51% stake in Hilal Cement for sale.

Rafael Nadal marries partner of 14 years, Xisca Perello
Rafael Nadal married his childhood sweetheart of 14 years, Xisca Perello, at a castle in Mallorca on Saturday. Nadal,…
2 | the publication reaches you by | Kuwait OnlineDuring 2019, Hilal Cement incurred net losses of about KWD 681,100, up from nearly KWD 68,750 in 2018.

Boursa Kuwait announces net profit of KD 5.63 million for the period ended 30 June 2020
Against the backdrop of the unprecedented conditions brought on by the COVID-19 pandemic, Boursa Kuwait saw a net profit…
6 | the publication reaches you by | Kuwait OnlineKuwait Today Business Subscription
Category: #Banking, #Business | 2021/01/26 latest update at 8:00 PM
Source : Zawya | Photocredit : Google