Saudi Arabia

803 posts · Page 24 of 81

Yamama Cement Co makes early loan repayments

Yamama Cement Co makes early loan repayments

Yamama Cement Co announced the early repayment of SAR130m (US$34.6m) worth of two loan installments to Saudi Industrial Development Fund (SIDF), according to a bourse filing. Th...

Yanbu Cement  completes modernisation project

Yanbu Cement completes modernisation project

Yanbu Cement Co has announced the completion of its Kiln Line 4 modernisation project following the recent shutdown. The reason for exceeding the previously announced end date i...

Saudi Cement sales fall to 4.7Mt in November

Saudi Cement sales fall to 4.7Mt in November

The aggregate sales of 17 Saudi cement producers decreased by five per cent to 4.7Mt in November, compared to 4.9Mt in the same month last year, according to Yamama Cement Co. L...

Tanga port receives large clinker consignment

Tanga port receives large clinker consignment

Tanzania’s Tanga port has received a consignment of 50,000t of clinker from Saudi Arabia, which is reportedly on transit to Prime Cement in Rwanda. Tanga Regional Commissioner, ...

Middle East: diversification is key

Middle East: diversification is key Premium

Following years of conflict, the potential for cement demand in the Middle East is huge. Add to this the drive by governments to develop and expand various industries to reduce ...

Qassim Cement sees sales down 27% YoY

Qassim Cement sees sales down 27% YoY

Saudi Arabia’s Qassim Cement has reported a net profit of SAR60.4m (US$16.11m) in the third quarter of 2021, down 49.7 per cent YoY from SAR110.1m. Sales also decreased 26.5 per...

Tabuk Cement sees 11% decrease in profit

Tabuk Cement sees 11% decrease in profit

Saudi Arabia’s Tabuk Cement has posted a 10.5 per cent YoY fall in net profit to SAR8.48m (US$2.26m) in the third quarter of 2021, compared with SAR9.47m in the year-ago period....