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Case against Alexandria Cement delayed to 23 Nov

Case against Alexandria Cement delayed to 23 Nov
The stock closed at EGP 6.12 Wednesday
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ALEX
13.40% 11.68 1.38

Cairo – Mubasher: Egypt’s administrative court decided to adjourn the lawsuit against Alexandria Portland Cement until 23 November 2016 regarding the operating license of the fifth line, according to a bourse filing.

Earlier, the lawsuit was submitted to invalidate an administrative decision by which the operating license of the fifth line was given for violating the environmental act.

The company's stock stood at EGP 6.12 on Wednesday.