Middle East

753 posts · Page 57 of 76

Oman Cement puts US$250m project on hold

Oman Cement puts US$250m project on hold

Oman Cement Co has reportedly put its US$250m Duqm plant project on hold, pending confirmation of fuel availability. "The company's decision to set up a new cement plant at D...

Iran produced 68.3Mt of cement in 2020

Iran produced 68.3Mt of cement in 2020

Iranian cement plants produced 68.3Mt of cement in 2020, according to the Cement Industry Employers’ Association. This represents a capacity utilisation rate of 78.5 per cent. ...

Northern Cement posts 89% rise in profit

Northern Cement posts 89% rise in profit

Jordan’s Northern Cement has announced an 88.8 per cent rise in profit to JOD1.8m (US$2.54m) in the first quarter of 2021, compared to JOD953,243 in the year-ago period. Sale...

Yanbu Cement sees revenue increase 5%

Yanbu Cement sees revenue increase 5%

Saudi Arabia’s Yanbu Cement has reported a 5.4 per cent rise in revenue to SAR292.4m (US$77.97m) for the first quarter of 2021, compared to SAR277.4m in the year-ago period. ...

Oman Cement Co reports 16% decline in revenue

Oman Cement Co reports 16% decline in revenue

Oman Cement Co has reported a 15.8 per cent decline in total revenue to OMR11.76m (US$30.6m) in the first quarter of 2021, compared to OMR13.9m in the 1Q20. Net profit also fe...

Raysut Cement announces 5% rise in revenue

Raysut Cement announces 5% rise in revenue

Oman’s Raysut Cement Co has reported a five per cent increase in total revenue to OMR26.9m (US$69.95m) in the first quarter of 2021, compared to OMR25.6m in the year-ago period...