Qatar National Cement Company profits flat for 9M2016
The Qatar National Cement Company (QNCC) has released its earning statement for the first nine months of 2016, showing that revenues and profits have changed little from the cor...
Qatar
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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.
Saudi Arabia: export ban lifted
The Saudi Arabian government has decided to lift the export ban on cement, which was imposed in 2008 to push down prices and accommodate the demand generated by government-funde...
Qatar National first quarter profits slip
Qatar National Cement Co. has released an interim financial statement for the three-month period ended March 31, 2016. The statements show that the net profit over the period fe...
ThyssenKrupp Industrial Solutions to expand in MENA
Thyssenkrupp sees future growth in the MENA, and particularly in Saudi Arabia and Egypt, for its industrial solutions business area.
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: Al Khalij Cement Co adds new line
Qatar-based producer Al Khalij Cement Co has added another production line to take the total cement capacity to 15,500tpd. The second “identical” production line will double the...
Alkhalij to double its cement capacity
Part of Qatari Investors Group, Alkhalij Cement Company will invest around US$800m in its second production line, which is scheduled to come on-stream in 1Q16.
Qatari group expresses interest in Ethiopian plant construction
A Qatari business group led by Sheikh Fahad Ahmed M T Al Thani has expressed an interest in constructing a cement plant in Dire Dawa, Ethiopia, as part of a series of investment...
QNCC nine-month net profit ahead
Qatar National Cement Company (QNCC) net profit rose to QAR332m (US$91.2m) in the first nine months of 2014, up 3.1 per cent from the QAR322m posted a year earlier. Earnings per...