Raysut Cement Company announced yesterday that its CEO, Salem bin Alawi Mohammed Baabood, has resigned. The Board of Directors accepted Mr Baabood’s resignation at a meeting on Tuesday. Mohammed Ahmed Aideed is to assume the functions and duties of group CEO until a new CEO is appointed.

The Ramco Cements reports 4QFY24-25 post-tax profit fall of 85%
The Ramco Cements saw a 10.5 per cent drop in revenue to INR23.92bn (US$280.1m) in the 4QFY24-...