Thursday 24 July 2014
Asec Cement

Citadel unit eyes exit from Algerian firm

Citadel Capital, a leading regional investment company, said its subsidiary ASEC Cement is looking to divest its minority stake in Algeria's Zahana Cement Company as part of its drive to focus on majority-owned investments and drive efficien


Asec Cement in Minya university deal

Asec Cement, a core portfolio firm of leading MEA investment company Citadel Capital, said its two subsidiaries have signed a MoU with Minya University to help prepare students with the skills they need to seek meaningful employment in their fie


Citadel completes cement company overhaul

Citadel Capital, a leading private equity firm in Middle East and Africa with $9.5 billion in investments under control, said a key unit of portfolio firm Asec Cement has completed a significant overhaul of Zahana Cement Company in Alger


Taqa Arabia, Asec launch Sudanese JV plant

Taqa Arabia and Asec Cement, both companies of Citadel Capital, a leading private equity firm in the Middle East and Africa region, officially inaugurated their JV plant, Berber for Electrical Power, in Sudan. The new plant’s 42 MW power g


Taqa Arabia, Asec Cement in Sudan powergen JV

Global Energy, the power arm of Taqa Arabia, has concluded an agreement to create a joint venture power-generation operation in Sudan in partnership with Asec Cement and the Sudanese Pension Fund. The new venture, Berber for Electrical Pow

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