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Cement News

Raysut Cement inaugurates new packing machine
(Times of Oman -27/03/2018)

Raysut Cement Company, the regional leader and largest producer of cement in Oman, recently inaugurated its new state of the art ...

Sharjah Cements to approve 8% cash dividend plan
(Gulf News -08/03/2018)

Sharjah Cement and Industrial Development said it will hold its annual general meeting (AGM) on March 24 to discuss and approve ...

RAK Cement nine-month profit tumbles 97.4%
(Gulfnews -06/11/2017)

Ras Al Khaimah Cement Company reported a 97.4 per cent drop in nine-month net profit to Dh0.2 million compared to Dh7.8 million ...

Big Oil Sinks $1 Billion Into Climate Fund
(Oilprice.com -28/10/2017)

The Oil and Gas Climate Initiative (OGCI)-the voluntary alliance of some of the biggest oil companies in the world-said on Friday ...

Saudi Rhetoric Sends Oil Prices To Two-Year High
(Oilprice.com -28/10/2017)

Comments made by Saudi Arabia's Crown Prince Mohammed bin Salman (MBS), sent Brent crude to its highest in more than two years, ...

Oil up 2 pct, Brent hits $60/bbl on support for extending curbs
(Reuters -28/10/2017)

Oil prices jumped about 2 percent on Friday, with global benchmark Brent crude rising above $60 per barrel, on support among the ...

Saudi Arabia's new city changes fortune for cement firms
(The National -27/10/2017)

Saudi Arabia's plan to build an entirely new $500 billion city by the Red Sea has breathed life into the country's beaten down cement ...

Further delay to Rabigh plant mill construction
(Cement World -19/10/2017)

Commercial start-up of new cement mills at Arabian Cement Co.'s Rabigh plant has been delayed to 3Q18. The mills had been expected ...

Al Jazira Capital maintain "Neutral" recommendation on Yamama Cement
(GulfBase -18/10/2017)

Yamama Cement 3Q2017 net income of SAR 29.2mn (EPS, SAR 0.14) came above Al Jazira Capital estimates, which was mainly attributed ...

Al Jazira Capital recommended Qassim Cement "Overweight"
(GulfBase -16/10/2017)

Higher than expected net income of SAR 51.2mn (EPS; SAR 0.57) for 3Q2017, indicating a decline of 26.2%YoY and 3.7%QoQ. Revenue ...

Cement News ....
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