Middle East

753 posts · Page 38 of 76

Najran Cement subsidiary secures SAR85m loan

Najran Cement subsidiary secures SAR85m loan

Najran Cement ’s transportation subsidiary obtained a long-term Shariah-compliant credit facility, at a value of SAR85m (US$22.7m), from Al Rajhi Bank. In a statement to Ta...

CEMEX extends VeryNile plastic waste initiative

CEMEX extends VeryNile plastic waste initiative

The CEMEX and VeryNile initiative have expanded the scope of the partnership to reach the CEMEX Egypt's hometown of Assiut. This comes after the success achieved by their par...

GCC cement: set for a revival?

GCC cement: set for a revival?

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 secto...

Going Green in Dubai

Going Green in Dubai

Green Cement Factory LLC (GCF), a subsidiary of Hong Kong-based Shun Shing Group, commenced commercial operations of its greenfield slag grinding plant in March 2021. The new 1...

RAK White Cement reports drop in profit

RAK White Cement reports drop in profit

Ras Al Khaimah Co for White Cement and Construction Materials (RAK White Cement) posted net profits of AED21.08m (US$5.74m) in 2022, a 35.9 per cent decline from AED32.87m in...