GCC: returning to form
This year has marked a broad-based recovery in the construction markets of the Gulf Cooperation Council (GCC) and the region appears to be returning to form, driven particularly...
Gcc
73 posts · Page 7 of 8
GCC's cement companies see a double-digit rise in 1Q13 turnover and profit
Combined net profits of the GCC's listed cement companies grew to US$585.3m during the first three months of the year, according to analysis by Kuwait's Gulf Investment House. T...
GCC profits rise 27.1 per cent in 1H12
Profits of the Gulf Cooperation Council (GCC) cement sector increased 27.1 per cent YoY in the first half of 2012 to US$971.5m from US$764m in the same period of 2011, the lates...
Improved outlook for Omani cement companies
Oman cement companies are set for brighter times ahead as inflows of cheap cement from the UAE decline and demand picks up both in the UAE and the sultanate, according to a repo...
Middle East market developments
Cement producers in the Gulf Cooperation Council (GCC) nations witnessed a 24.3 per cent increase in revenues in the first quarter of 2012, reaching US$1.26bn (AED4.62bn) as con...
GCC first-quarter revenues rise
GCC cement companies witnessed a 24.3 per cent increase in revenues in the first quarter, reaching US$1.26bn (AED4.62bn) as construction picked up in certain parts of the region...
Brighter outlook for global markets?
A recent report by Morgan Stanley sees the global supply-demand balance turning positive, leading to improved pricing power which it expects will return globally next year. The ...
GCC cement sector profits increase – report
GCC cement sector profits increased 21.2 per cent in 1Q12 and net profits increased from US$359.5m in 1Q11 to US$435.6m in 1Q12, according to a report by Global Investment House...
GCC's 2011 revenues up 14.2% YoY
Revenues of GCC cement companies increased to US$4.6bn in 2011 from US$4bn in the previous year, a 14.2 per cent rise, a report by Global Investment House (GIH) said.
GCC tyre burning permit nearing approval, USA
A plan to burn tyres at GCC’s Rio Grande plant in Pueblo, Colorado, USA is nearing final approval. State air pollution regulators have issued a draft permit for GCC Rio Grande's...