Oman: Raysut Cement's profit rises on higher demand
Oman’s largest cement producer, Raysut Cement, achieved a 12.6 per cent growth in net profit in 2013 to OMR27.62m (US$71.73m), on the back of higher domestic demand. Revenue r...
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Oman’s largest cement producer, Raysut Cement, achieved a 12.6 per cent growth in net profit in 2013 to OMR27.62m (US$71.73m), on the back of higher domestic demand. Revenue r...
Saudi Arabia's minister of commerce and industry, Dr Tawfiq bin Fawzan Al-Rabiah, approved the licence for the establishment of Baha Cement Co, in Riyadh, with a share capital ...
Exane BNP Paribas downgraded its opinion on Lafarge from “outperform” directly to “underperform”. However, the analysts raised the target price from EUR50.5 to EUR58. “Lafa...
Cement sales in Saudi Arabia increased by four per cent in 2013 to 55.6Mt compared to 53.5Mt in 2012, a report released by local producer Yamama Cement Co has revealed. Howe...
Yanbu Cement Co’s net profit rose 14.3 per cent YoY to SAR832m (US$219.4m) in 2013, the company announced in a bourse filing. Operating profit increased to SAR847m from SAR75...
The current slowdown being seen in the Saudi Arabian cement market due to labour shortages is set to continue in the short-term, NCB Capital has cautioned. Saudi cement sales ...
UAE cement producers have defended their export levels to Oman after Raysut Cement Company calls for anti-dumping measures to be put in place to restrict imports from the neigh...
Signs of stability are beginning to emerge in the Egyptian cement market with visibility improving in several areas, a recent flash note by CM-CIC Securities highlights. The...
Fritz & Macziol has reached another important milestone in the rollout of the logistics system VAS with the final acceptance at the Lafarge Emirates cement plant, UAE. The laun...
Exports of cement and clinker are forecast to increase by 27 per cent this year compared to 2011, according to forecasts by the Vietnam Cement Association (VNCA). As as the ...