Gulf Cement Co sees net loss widen in the 9M20
UAE-based Gulf Cement Co has recorded a net loss of AED268.13m (US$73.01m) for the first nine months of 2020, widening from an AED3.86m loss in the year-ago period. The company'...
Uae
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Only certified cement bags are authorised for sale in Abu Dhabi
The Abu Dhabi Department of Economic Development (ADDED) on Tuesday issued a circular which prohibits building material shops from selling any cement that does not have federal ...
Emirates RDF set to begin production
Emirates RDF, a partnership between leading water treatment expert Besi, Griffin Refineries and Tech Group Eco, has announced that it is set to start the production of alternati...
Gulf Cement receives approval to withdraw from Boursa Kuwait
UAE-based Gulf Cement Co, once dually listed on Boursa Kuwait and the Abu Dhabi Securities Exchange (ADX), has obtained approval from Kuwait’s Capital Markets Authority to withd...
Abdelaziz Assad named acting CEO Arkan Building Materials
UAE-based Arkan Building Materials has appointed Abdelaziz Asad as acting CEO following the departure of Abdellatif Sfaxi to pursue other career opportunities. Under the new arr...
Arkan Building Materials sees profits decline to AED2.1m in 1H20
Arkan Building Materials reported 1H20 profits declining to AED2.1m (US$571,818) as construction activity became disrupted in UAE due to the pandemic. Last year the company repo...
New waste treatment plant to supply RDF in UAE
The construction of a solid waste treatment plant in Umm Al Qaiwain, UAE, is nearing completion. One operational, the facility will process waste from the nearby region and supp...
Sharjah Cement reports net loss in 1Q20
UAE-based Sharjah Cement has reported a net loss of AED9.3m (US$2.5m) in the first quarter of 2020, compared to an AED802,000 net profit in the corresponding period of last year...
Gulf Cement records net loss in 1Q20
UAE-based Gulf Cement has posted a net loss of AED28.9m (US$7.87m) in the first quarter of 2020, compared to an AED1.5m profit in the corresponding period of last year. Revenues...
Arkan sees 14% decrease in net profit for 1Q20
UAE-based Arkan Building Materials has seen a 13.8 per cent fall in net profit to AED10.53m (US$2.87m) during the first quarter of 2020, compared to AED12.21m in the year-ago pe...