Middle East

753 posts · Page 51 of 76

Oman Cement increases conveyor capacity

Oman Cement increases conveyor capacity

Oman Cement Co has increased the capacity of one of its conveyor belts from 150 to 250tph. The increase of the conveyor that transports cement from the cement mill to the silo ...

Middle East: diversification is key

Middle East: diversification is key

Following years of conflict, the potential for cement demand in the Middle East is huge. Add to this the drive by governments to develop and expand various industries to reduce...

Iranian cement market contracts 12% in October

Iranian cement market contracts 12% in October

Iran’s cement demand declined 11.7 per cent MoM to 5.05Mt in October 2021. In addition, producers exported 0.65Mt of clinker and 0.29Mt of cement, according to the Iranian ceme...

Qassim Cement sees sales down 27% YoY

Qassim Cement sees sales down 27% YoY

Saudi Arabia’s Qassim Cement has reported a net profit of SAR60.4m (US$16.11m) in the third quarter of 2021, down 49.7 per cent YoY from SAR110.1m. Sales also decreased 26.5 ...

Tabuk Cement sees 11% decrease in profit

Tabuk Cement sees 11% decrease in profit

Saudi Arabia’s Tabuk Cement has posted a 10.5 per cent YoY fall in net profit to SAR8.48m (US$2.26m) in the third quarter of 2021, compared with SAR9.47m in the year-ago period...

Najran Cement sees 24% fall in profit

Najran Cement sees 24% fall in profit

Saudi Arabia’s Najran Cement has posted a net profit of SAR36.1m (US$9.23m) in the third quarter of 2021, down 23.8 per cent YoY from SAR47.4m in the year-ago period. Sales a...

City Cement sees 26% fall in profit

City Cement sees 26% fall in profit

Saudi Arabia's City Cement has posted a 25.6 per cent YoY decline in net profit to SAR38m (US$10.13m) in the quarter ending 30 September 2021, compared with SAR51.1m in the yea...

Umm Al Qura Cement's revenue down 35% YoY

Umm Al Qura Cement's revenue down 35% YoY

Saudi Arabia’s Umm Al Qura Cement Co has posted a net profit after tax of SAR12.47m (US$3.33m) in the quarter ending September 2021, down 60.9 per cent YoY against SAR31.91m in...