Qatar National Cement sees 38% rise in sales
Qatar National Cement has reported a 38.4 per cent YoY rise in sales to QAR229.85m (US$63.14m) for the first quarter of 2021, compared to QAR166.1m in the year-ago period. Net...
Middle East
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Eggersmann Group commissions new RDF/MSW plant
Eggersmann Group has completed the commissioning of the Middle East's first RDF bio-drying project. The 300tpd RDF plant is situated in Sulaymaniyah, Iraq. The facility is ...
Raysut Cement granted CE and NF markings
Oman-based Raysut Cement Co has been granted the CE and NF markings by AFNOR Certification of France, for some products manufactured in the Salalah plant, after passing succes...
Yamama Cement signs financing agreement
Saudi Arabia’s Yamama Cement Co has signed a financing agreement with Al Rajhi Bank for a value of SAR863m (US$229.81m), including a SAR563m long-term facility and SAR300m in s...
Yanbu Cement Co appoints new CEO
Yanbu Cement Co’s (Saudi Arabia) board of directors has accepted the resignation of its CEO, Ahmed bin Abdo Zugail, due to personal reasons. Mr Zugail’s resignation was effecti...
Kuwait Portland Cement records 7% fall in profit
Kuwait Portland Cement has seen a 7.1 per cent YoY decline in attributable net profit to KWD1.3m (US$4.3m) in the 4Q20, compared with KWD1.4m in the year-ago period. Total op...
Jericho Cement plant to start up in 2022
Jericho Cement Co plans to build the first cement factory in Palestine. The Palestinian Investment Fund is supporting the project. "The cement mill is one of the most import...
RAK White Cement sees revenue down 7%
UAE-based RAK White Cement has seen a 34.6 per cent YoY decline in attributable net profit to AED12.69m (US$3.46m) in 2020, compared to AED19.41m in the previous year. Revenu...
Oman Cement receives bids for new project
Oman Cement Co has reportedly received commercial bids from EPC contractors for its integrated cement plant in Duqm, according to Muscat Daily. The 5000tpd project is expected ...
Sharjah Cement sees 26% revenue decline in 2020
UAE-based Sharjah Cement has reported a 25.6 per cent decline in revenue to AED431.63m (US$117.53m) for 2020, compared to AED580.1m in the previous year. The cost of sales dec...