Significant rise in Saudi Arabia clinker imports
Saudi cement companies have reported a significant rise in clinker imports over the first three quarters of the year while cement exports decline.
Saudi Arabia
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GCC: returning to form
This year has marked a broad-based recovery in the construction markets of the Gulf Cooperation Council (GCC) and the region appears to be returning to form, driven particularly...
Saudi Cement receives funding for expansion
Saudi cement producer Tabuk Cement Company yesterday signed an agreement with local Bank Albilad for Islamic financing worth SAR500m (US$133.3m)
Saudi’s Al Jouf signs US$106.7m loan with Al Rajhi Bank
Saudi cement producer and trader Al Jouf Cement has signed an agreement with the country’s largest Islamic bank Al Rajhi Bank for a SAR400m (US$106.7m) loan to partially finance...
Saudi cement market records further volume expansion
Saudi cement companies saw profits rise 8.2 per cent as cement demand in the kingdom continued to expand on the back of large projects, said Global Research in its June 2013 rep...
Najran Cement's Line 3 begins production
Najran Cement has said that commercial production of its third production line has started. The Saudi-based cement producer said output was launched on 21 September 2013. The ne...
Saudi: strong growth expected to continue
Cement sales in Saudi Arabia are expected to rise by 8.2 per cent this year and rise at a CAGR of 6.3 per cent, a recent report by NCB Capital forecasts. However, concerns are r...
Al Jouf undertakes unscheduled kiln maintenance
Al Jouf Cement has temporarily halted its production line for unscheduled maintenance until 5 October, the Saudi-based company said in a statement to the bourse. Al Jouf Cement ...
Najran completes Line 2 maintenance, Saudi Arabia
Najran Cement has successfully completed maintenance and resumed operations of Kiln Line 2. The completion was extended by four days to 10 September to link line No 2 to a waste...
Tabuk Cement first-half net profit edges ahead
Saudi-based producer Tabuk Cement reported a net profit of SAR107m (US$28.5m) for the first half of 2013, up 1.04 per cent from the SAR105.9m in the same period of the year befo...