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Bahrain announces stricter new cement standards

Bahrain announces stricter new cement standards

The government of Bahrain has announced tougher new standards for locally-produced and imported cement as it tightens control over the industry to raise the standard of construc...

GCC’s vision for cement

GCC’s vision for cement Premium

Saudi Arabia’s Vision 2030 continues to set the pace for cement demand in the Gulf Cooperation Council (GCC) region. There are positive signs for the UAE’s recovery and a moveme...

Prospects for the GCC industry

Prospects for the GCC industry Premium

The Gulf Cooperation Council (GCC) economy has come under pressure from falling oil revenues, but economic diversification is paying off. Moving into 2024, cement market growth ...

GCC cement: set for a revival?

GCC cement: set for a revival? Premium

With oil prices expected to remain elevated, GCC governments are easing their budgets and restarting construction projects. For cement producers this is good news and the sector...

GCC: a return of fortunes?

GCC: a return of fortunes? Premium

The performance of the GCC cement sector improved significantly in 2019 when compared with the previous year as higher domestic consumption combined with increased export demand...

Falcon Cement's 2017 revenue up 56%

Falcon Cement's 2017 revenue up 56%

Bahrain's Falcon Cement Company (FCC) has reported that its total income for 2017 rose to US$45.6m, while its net profit hit US$8.2m. "Despite challenging market conditions and ...

Bahrain: APICorp acquires 30% Falcon Cement stake

Bahrain: APICorp acquires 30% Falcon Cement stake

Multilateral development bank Arab Petroleum Investments Corp (APICorp) announced it acquired a 30 per cent stake in Bahrain’s Falcon Cement Co (FCC), one of the largest cement ...

Bahrain: 10% stake in Falcon Cement snapped up

Bahrain: 10% stake in Falcon Cement snapped up

Abu Dhabi Financial Group (ADFG) will buy a 10 per cent of Bahrain-based Falcon Cement Company from the Bahraini Islamic investment bank GFH Financial Group. The US$120m integra...