Kuwait Cement

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Kuwait cement factory has fire quickly contained

Kuwait cement factory has fire quickly contained

Kuwait Fire Force (KFF) says six teams were able to put out a fire that broke out in a cement and manufacturing paint factory in Shuaiba Industrial area, Kuwait. A report was re...

Building on diversification

Building on diversification Premium

Kuwait has seen its economy heavily impacted by the crisis in oil prices, a lack of diversity and the COVID-19 pandemic. A lack of investment in infrastructure has further seen ...

Kuwait Cement FY17 profit falls 12%

Kuwait Cement FY17 profit falls 12%

Kuwait Cement saw a YoY increase of 15.4 per cent in profits to KWD4.94m (US$16.5m) in 4Q17 from KWD4.28m in 4Q16, according to a stock exchange statement.

Kuwait Cement sees decline in quarterly profit

Kuwait Cement sees decline in quarterly profit

Kuwait Cement reported a decline of 37.1 per cent in profits to KWD4.38m (US$14.48m) in the second quarter this year compared to KWD6.96m (US$23.01m) in the same quarter a year ...