Uae

192 posts · Page 5 of 20

GCC market to expand at a CAGR of 6% in 2022-32

GCC market to expand at a CAGR of 6% in 2022-32

The Gulf Corporation Council (GCC) cement market is predicted to grow at a CAGR of six per cent between 2022 and 2032, according to a report by Future Market Insights. Demand fo...

Fujairah Cement sees narrowing 2Q loss

Fujairah Cement sees narrowing 2Q loss

UAE-based Fujairah Cement Industries Co reported a loss of -AED14.2m (US$3.86m) in the second quarter of 2022, an improved result when compared with a loss of -AED21.1m in the e...

UltraTech acquires 29% stake in RAK White Cement

UltraTech acquires 29% stake in RAK White Cement

UltraTech Cement Middle East Investments , part of UltraTech Cement in UAE, has invested US$101m to acquire a 29.39 per cent stake in RAK Cement Co for White Cement and Construc...