Egypt Judges to Review Cement Company Appeals Against Gas Prices

A panel of judges in Egypt will review appeals by five cement makers against Prime Minister Hisham Qandil’s decision to raise natural-gas prices for the companies , a Cairo Administrative Court said.

The panel will look into appeals by Tourah Portland Cement, Suez Cement (SUCE) Co., Alexandria Cement, Beni Suef Cement Co. and Helwan Cement Co. against the fuel price increase that started January 2012, the court said in a faxed statement.

To contact the reporter on this story: Ola Galal in Cairo at ogalal@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.