Raysut Cement group profits rise, Oman
Oman-based cement producer, Raysut Cement reported net profit before tax rose 37.4 per cent to OMR6.84m for the first three months of 2012, from OMR4.98m (US$13m) in the same pe...
Oman
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Oman Cement to increase capacity
Oman Cement Company (OCC), the Sultanate’s second largest cement producer, is planning to increase its cement grinding capacity. A consultancy agency has been engaged to study t...
Raysut Cement seeks new funds, Oman
Raysut Cement has announced that its Board of Directors has approved moves for a fresh term loan of OMR64m (US$166.2m) from three Omani banks. T
Raysut Cement to get US$166.2m loan to refinance debt, Oman
Oman's largest cement company by market value, Raysut Cement said its board of directors decided at a meeting on Wednesday to take a OMR64m (US$166.2m) term loan to refinance an...
Oman forecast to see increased exports
Oman is expected to witness increasing exports this year thanks to demand from markets like Yemen and East Africa, a new research report has forecast. Raysut Cement is expected ...
Proposed Daqm plant being studied, Oman
Oman Cement Company (OCC) is interested in establishing a cement plant in the port town of Daqm, the Times of Oman reports. The company is currently carrying out a feasibility s...
Oman: competition reduces Raysut Cement’s profits
Oman's Raysut Cement is losing market share at home as rival UAE players offer competitive cement pricing. The country's largest cement maker reported a 28% fall in annual profi...