Northern Region Cement sells share in Al-Kubaisa plant
Northern Region Cement Co has announced the sale of its 50 per cent stake in Cement Experts Co for Development and Investment to UAE-based AMP Global Trading. According to The P...
Iraq
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IFC invests US$130m in Iraq's Al Douh Cement
IFC is investing in Al-Douh Iraqi Company for Cement Industries (part of Al-Riyadh Investment Companies Group) to help boost economic diversification and improve sustainable gro...
Northern Region Cement signs US$44m Iraq partnership
Saudi Arabia-based Northern Region Cement Co has signed a partnership agreement with Al-Diyar Al-Iraqia for Investments Co which sees the Iraqi company acquire 49 per cent of No...
Attock Cement Pakistan Ltd completes share sales in Iraqi subsidiary
The Company Secretary at Attock Cement Pakistan Ltd, Irfan Amanullah, has informed the Pakistan Stock Exchange (PSX) that further to the company’s intimation dated 21 June 2023,...
Fujairah plant orders WHR system from Turboden
Turboden SpA, a Mitsubishi Heavy Industries Group company, together with ENGIE Solutions GCC, has been selected by LEC for the production and installation of a 10MWe WHR organic...
Sinoma to build cement plant in Iraq
Sama Samawa Industries Commissioner revealed an agreement with Sinoma to establish a cement factory in Muthanna Governorate, southern Iraq. While stating that the production wil...
Attock Cement sells Iraqi unit for US$11.7m
Attock Cement Ltd of Pakistan has updated Pakistan Stock Exchange (PSX) about selling its 60 per cent share in its Iraqi grinding plant on 21 June 2023. Company Secretary, Irfan...
Lucky to add a new clinker line of 1.82Mt in Iraq
GM Finance and Company Secretary, Faisal Mahmood, of Lucky Cement Ltd ( Yunus Brothers Group ) informed Pakistan Stock Exchange (PSX) on 18 May that the company has made a 1.82M...
Attock Cement to sell its 60% share in Iraqi plant
Attock Cement Pakistan Ltd (ACL) is expected to hold an Extraordinary General Meeting (EGM) of the shareholders on 25 May 2023, to consider and, if deemed fit, to pass a resolut...
IFC loan proposed for new Al Douh Cement production line
IFC is proposing a corporate loan of up to US$65m to Al Douh Cement Co , one of the leading producers of cement in Iraq, to finance the company’s planned expansion of its produc...