Uae

191 posts · Page 16 of 20

Dubai to acquire interest in Dangote Cement

Investment Corporation of Dubai (ICD), the main investment arm of the Emirate of Dubai, has agreed to purchase a minority interest in Nigeria's largest cement manufacturer,...

UCC first-half net profit surges, UAE

Union Cement Company (UCC) net profit surged 181 per cent to AED59.4m (US$988,165) in the first half of 2014 compared to AED21.15m in 1H13. In its statement to the Abu Dhabi S...

RAK Cement swings to first-half net profit, UAE

Preliminary first-half results for Ras Al Khaimah Cement (RAK Cement) show that the UAE-based producer achieved a net profit of AED3.2m (US$871,198) compared to a loss of AED1....

Union Cement first quarter net profit jumps, UAE

Union Cement Co posted a AED18.2m (US$5m) profit for the first quarter of 2014, a 220 per cent increase compared with AED18.2m a year earlier. Revenues for the first quarter d...

Fujairah Cement profit hit by weaker prices

UAE-based producer Fujairah Cement recorded a AED12m (US$3.3m) loss last year as a weaker pricing environment affected revenue despite higher sales. In a filing posted on the...

Cemtech Middle East & Africa underway

Cemtech Middle East & Africa 2014, the leading international cement conference and exhibition series, has opened in Dubai in front of an audience of over 270 senior industry de...

Oman seeks anti-dumping measures

UAE cement producers have defended their export levels to Oman after Raysut Cement Company calls for anti-dumping measures to be put in place to restrict imports from the neigh...

Raysut sales ease in first nine months, Oman

Raysut Cement, the leading cement producer in Oman, reported a rise in pretax profit for the first nine months of 2013, but sales eased due in part to competition from neighbou...

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 particu...