Sunday 20 April 2014
 
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Sphinx Glass

Citadel to acquire 49pc stake in Sphinx Glass

Citadel Capital, a leading investment company in the region, has signed a sale and purchase agreement to acquire a 49 per cent stake in float glass manufacturer Sphinx Glass from DH Investors Limited. Meanwhile, DH Investors Limit

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Sphinx starts commissioning at $200m glass plant

Cairo-based Sphinx Glass, a leading float glass manufacturer in the region, said it has started commissioning at its EGP1.1 billion ($200.5 million) greenfield float glass factory. Sphinx Glass is 51 per cent owned by GlassWorks, a platfo

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Egypt to become key player in glass making sector

Egypt will be a major player in industrial glass manufacturing sector in the next 10 years, thanks to its abundant natural resources and continued investments in manufacturing technologies, said an industry expert. “Looking at the current

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