Qatar Cement signs US$100m deal with Saudi investors
The Qatar National Cement Company has agreed a US$100m financing deal with Samba Financial Group of Saudi Arabia, the Peninsula newspaper reports.
Qatar National Cement
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QNCC full-year profit up 10%
Qatar National Cement Company (QNCC) reported a 10.28 per cent rise in net profit to QAR463.5m (US$127.3m) for the 12 months to the end of December 2015 compared to QAR420.3m in...
Qatar consumption forecast to double by FY17
Cement consumption in Qatar is expected to double from current levels within the next three years, a new report has forecast.
Qatar National Cement posts US$119.7m net profit in 2013
Qatar National Cement Company registered an increase in net profit to QAR436m (US$119.7m) for the 12 months to December 2013, compared to QAR425.3m a year earlier, the company s...
Letter of Intent signed for new Qatari plant
FLSmidth has confirmed that it has signed a Letter of Intent with Qatar National Cement for a cement plant, following reports in the Qatari media. The Danish equipment supplier ...
Qatar could face shortages due to lack of capacity additions
Qatar could face a “major cement shortage” in the near term with no major capacity expansions in the pipeline to meet expected strong rises in demand, a new report by Global Inv...
Lower revenues and higher costs hurt QNCC net profit
Qatar National Cement (QNCC) reported a seven per cent decline in 2012 net profit on the back of lower revenues and higher costs. Net profit for the 12 months to the end of Dece...
Qatar National Cement issues tenders for new plant
Qatar National Cement Company has issued a tender for the construction of a new cement plant at its Umm Bab base According to reports in Construction Week, the company said that...
Qatar National Cement first-half net profit rises YoY
Qatar National Cement achieved a net profit of QAR225.3m (US$61.9m) in the first six months of 2012 compared to QAR214.3m in 1H11. Earnings per share amounted to QAR4.59 as of 3...
Qatar National Cement to build new plant
The board of directors of Qatar National Cement Company (QNCC) has approved the construction of a new plant with a clinker capaicty of 5000tpd, the company said in a statement t...