Arab Finance: The extraordinary general assembly (EGM) of Sinai Cement Company has approved adding quarrying and industrial waste recycling to its business activities, according to a disclosure to the Egyptian Exchange (EGX).
The expanded scope covers quarrying and quarry exploitation, the sale and export of raw materials, and technical and technological support services. It also includes recycling and utilizing industrial waste generated by cement manufacturing.
Shareholders approved amending Article 3 of the company’s articles of association to incorporate the new activities.
It is worth mentioning that the firm's net profits attributable to the parent company jumped by 103% to EGP 1.561 billion in the first half (H1) of 2026 from EGP 768.817 million in H1 2025.
Founded in 1997, the company’s purpose is to produce cement, packing bags, and full-range cement products. Actual production started in 2001.
