SIDF approves new cement plant loan, Saudi Arabia
The Saudi Industrial Development Fund’s board of directors (SIDF) has approved a loan for a new cement factory to help meet demand in the the Hail region. Speaking to Arab N...
Saudi Arabia
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Saudi cement companies 1Q net profit rise, Saudi Arabia
Two leading Saudi Arabian cement producers have reported a rise in first quarter 2012 net profit due to higher sales. Yanbu Cement said its first quarter 2012 net profit surg...
Tabuk Cement new ready-mix venture, Saudi Arabia
Saudi cement producer Tabuk Cement Co has signed a Memorandum of Understanding (MoU) with Malaysia’s ZECCN and Finnish Elematic to construct a SAR60m (US$16m) ready-mix concret...
Saudi Arabian cement heads to Yemen
Large quantities of cement from Saudi Arabia are being smuggled into Yemen at competitive prices due to the decline of local supply and increased demand in Yemen, according to ...
Pakistan eight-month export sales rise in value terms
During the first eight months of the current fiscal (July 2011-June 2012), Pakistan cement exports have progressed in terms of value while the markets of Afghanistan, India and...
Saudi Arabian orders for Gebr Pfieffer
Gebr Pfieffer has received two major grinding technology orders in the booming Saudi Arabian market. Najran Cement Company (NCC) in Saudi Arabia has placed a third repeat or...
Southern Cement improves market supply
Southern Cement Company Chairman Prince Abdullah bin Musaed bin Abdurrahman Al-Saud said the company has started implementing the royal decree related to cement prices. Addr...
Saudi Arabian demand seen rising 10.8% in 2012
Saudi Arabian cement consumption is expected to see a double-digit advance in 2012 thanks to increased levels of government spending, and while fuel shortage remains the key su...
Saudi Arabia sets prices
Saudi Arabia has set the factory price of cement at SAR12/bag (US$3.20) and the retail price at SAR14/bag, the Saudi Press Agency reported, citing Minister of Commerce and Ind...
Al Jouf Cement secures loan for expansion, Saudi Arabia
Saudi Arabian cement producer, Al Jouf Cement, said it has signed and agreement with Saudi British Bank (SABB) for a SAR350m (US$93.3m) five-year Islamic facility. The finan...