Umm Al-Qaiwain Cement Industries, which operates one grinding plant in the UAE and is listed on the Kuwait Stock Exchange, reported a loss of KWD155,000 (US$563,642) for the half year to June 2011.

Reflecting the severe deterioration of the UAE cement market, total sales plummeted by 56.4 per cent to KWD792,000 over the same period.
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