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28/07/2009 00:00 AST
Umm Al-Qaiwain Cement Industries Co., a United Arab Emirates-based cement producer, said second- quarter profit slumped 96 percent on investment losses and impairment provisions.
Net income declined to 2.9 million dirhams, or 0.008 dirham a share, from 81.4 million dirhams, or 0.224 dirham, in the year- earlier period, the company said in a statement to the Abu Dhabi bourse today. Sales fell 5 percent to 29.6 million dirhams.
Bloomberg
05/03/2012
If you can't sell, invest. That seems to be the lesson one Northern Emirates company has learnt recently.
Profits for Umm Al Qaiwain Cement more than doubled last year, despite an almost 5
The National
| Ticker | Price | Volume |
|---|---|---|
| ACC | 24.60 | 156,722 |
| QIGD | 1.46 | 715,511 |
| GULFNAV | 6.16 | 4,898,154 |
| UNIKAI | 7.47 | 0 |
| SVCP | 41.20 | 31,066 |
| JOUFCEMENT | 10.38 | 213,145 |
| DALLAHHEALTH | 160.40 | 59,789 |
| Ticker | Price | Change |
|---|---|---|
| IHC | 407.00 | -5.90 (-1.43 |
| FAB | 13.58 | -0.18 (-1.31 |
| EMIRATESNBD | 20.35 | 0.10 (0.49 |
| DIB | 6.28 | 0.08 (1.29 |
| ADCB | 8.68 | 0.00 (0.00 |
13/01/2025
Aldar Properties, Abu Dhabi's biggest listed developer, has raised Dh9 billion ($2.45 billion) in a sustainability-linked revolving credit facility from a syndicate of 15 UAE-based and international
The National
12/01/2025
Ooredoo announced on Sunday the appointment of Sheikh Nasser bin Hamad al-Thani as the new chairman of Ooredoo Kuwait.
Most recently, Sheikh Nasser was appointed as Group Regional CEO for th
11/01/2025
One of the fastest-growing logistics businesses in Mena region, GWC has marked "20 years of excellence and innovation", achieved significant milestones and won prestigious awards, solidifying its pos
Gulf Times
11/01/2025
Almarai, the world's largest vertically integrated dairy company and the world's fourth most valuable dairy brand in 2024, has successfully implemented RISE with SAP on Google Cloud. This milestone m
Saudi Gazette
05/01/2025
Elm, a pioneer in digital solutions, enhanced its brand identity, reflecting the company's ambitious and prominent objective. Leveraging comprehensive knowledge, a forward-thinking mindset, and a pro
Financial Information Co.