Saudi Arabia

803 posts · Page 55 of 81

Cement exports on the rise

Cement exports on the rise

As global cement capacity continues to rise against a limited demand increase, there is a swell of cement producers chasing ever-smaller export markets across the globe. News th...

Qassim Cement profits fall 17% in 1Q16

Qassim Cement profits fall 17% in 1Q16

Saudi Arabia’s Qassim Cement saw its profits drop 16.8 per cent YoY to SAR135.4m (US$36.1m) from SAR162.7m. The fall in profits has been attributed to an increase in cost of sal...

Saudi: Umm Al-Qura Cement Co net loss narrows

Saudi: Umm Al-Qura Cement Co net loss narrows

Umm Al-Qura Cement Co saw its full-year net loss narrow in 2015 to SAR24.07m compared to a net loss of SAR28m a year earlier. Operating losses were also down to SAR21.96m, compa...