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Prospects for the GCC industry

Prospects for the GCC industry Premium

The Gulf Cooperation Council (GCC) economy has come under pressure from falling oil revenues, but economic diversification is paying off. Moving into 2024, cement market growth ...

Gulf Cement Co sees revenue advance 33% YoY

Gulf Cement Co sees revenue advance 33% YoY

Gulf Cement Co has posted revenue of AED462.7m (US$125.99m) for 2023, up 33 per cent from the AED348.1m reported in the previous year. For 2023 the company saw a loss of AED21.8...

RAK White Cement posts AED20.5m profit in 2023

RAK White Cement posts AED20.5m profit in 2023

Ras Al Khaimah Co for White Cement and Construction Materials has reported a net profit of AED20.54m in 2023, down 2.6 per cent from AED21.08m in 2022. Sales increased 3.3 per c...