Cairo – Mubasher: Misr Cement – Qena signed a memorandum to secure EGP 210 million syndicated loan from each of Egypt’s National Bank, Banque Misr and Commercial International Bank.
The Cement company will use the loan to finance part of its working capital
Misr Cement posted a decline of 51% in net profits for the second quarter of 2016, as it reached EGP 32.6 million.
