Arkan appoints new chief operating officer, UAE
Arkan Building Materials, a leading construction and building materials company in the UAE, has appointed Abdelaziz Asad as its new chief operating officer. Mr Asad, a UAE natio...
Uae
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Fujairah Cement Industries net profits rise 45%
Fujairah Cement Industries (FCI) announced a 45 per cent increase in its net profits for the first nine months of 2015, compared to the same period last year. Profits reached AE...
RAK Cement buys back 68,560 shares, UAE
Ras Al Khaimah Cement Co decided to repurchase 68,560 of its shares on Thursday at AED0.83/share. Accordingly, the total number of treasury shares rose to 10.29m with 45.6m shar...
National Cement Co first half ahead 4.7%
National Cement Co (NCC) posted a net profit of AED70.2m (US$19.11m) in the first half of 2015, a rise of 4.7 per cent from AED67m (US$18.24m) in the corresponding period from l...
RAK Cement reports first-half profit drop
Ras Al Khaimah Cement reported a 22.3 per cent profit drop to AED2.45m ($667,000) in the first half of 2015, compared to AED3.15m (US$858,000) in the same period of 2014, accord...
Gulf Cement 1H profit down 29%, UAE
Gulf Cement Company reported a 29.34 per cent drop in first-half profit drop to AED30.89m (US$48.4m), compared to AED43.7m (US$12m) in the same period of 2014. On a more positiv...
UAE: Union Cement Co 1H profit declines 8%
Union Cement Co (UCC) reported an eight per cent decline in its profits for the first six months of 2015 to AED54.7m (US$14.89m), compared to AED59.4m (US$16.16m) in H1-14, the ...
Domes of the Middle East
Geometrica designs some of the world’s largest free-span domes, trademarked as Freedomes®, as a solution for challenging architectural and logistical feats across the Middle Eas...
UAE: Gulf Cement net profit down 11.3%
Gulf Cement, which is listed on the Abu Dhabi Securities Exchange, said last week it booked a net profit of KWD4.7m (US$15.9m), down 11.3 per cent from KWD5.3m a year earlier. F...
UAE: National Cement nine-month net profit up 2% YoY
UAE-based producer National Cement Company said on Wednesday its net profit for the first nine months of 2014 rose 1.97 per cent to AED77.5m (US$21.1m) from AED76m in the corres...