Raysut to begin construction of new terminal by year-end, Oman
Construction of Raysut Cement's terminal at the Duqm Port, Oman, will begin by the end of this year, local press have reported. The new cement terminal will bolster the import...
Raysut Cement
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Raysut Cement’s 2012 net profit rises 64.1%, Oman
Raysut Cement, Oman’s largest cement producer, reported a 64.1 per cent YoY growth in net profit for 2012 and revenues also increase fuelled by increasing demand. Net profit...
Raysut CEO withdraws resignation, Oman
Mohammed Ahmed Al Dheeb has agreed to withdraw his resignation and continue working for Raysut Cement Company as the Group CEO. The board of directors had unanimously agreed to...
Oman: Duqm quarry sites identified
Plans to build a multi-million rial cement plant in Oman's northern city of Al Duqm is progressing, with the promoters started identifying potential limestone quarry sites. T...
Raysut sees 62 per cent jump in pretax profit, Oman
Oman’s leading cement producer Raysut Cement, reported a 62 per cent rise in pretax profit for the first nine months of 2012 due to higher sales and better price realisations. ...
Raysut books first half net profit, Oman
Raysut Cement, Oman's largest cement company by market value, said in a bourse filing yesterday it booked a profit of OMR10.5m (US$27.3m) in the first half of 2012, up 38 per c...
Raysut’s CEO to step down, Oman
Oman’s leading cement producer Raysut Cement has announced the resignation of its CEO Mohamed Ahmed Al Dheeb. The Board of Directors have requested Mr Al Dheeb remain in his po...
Oman cement output rises
Until recently, Omani cement manufacturers were victims of the cheap inflow of cement from UAE, but the Oman Daily Observer has reported that domestic cement producers are ramp...
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 p...
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 he board has given its appro...