Friday 22 September 2017
 
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Al Rajhi

Saudi cement sales continue decline in August

Saudi Arabia’s cement sector continued to remain under pressure with total cement sales volume declining 16 per cent year-on-year (y-o-y) to 3.7 million tons in August, posting 12th y-o-y decline in last 13 months, a report said.

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Saudi consumer spending improves in July

Consumer spending in Saudi Arabia improved in July, as POS transactions and ATM withdrawals, both posted their best annual growth rates in about nine months, said Al Rajhi Capital, a top financial services provider in the kingdom.

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Saudi cement sales down 19pc during January-July

Saudi Arabia’s cement sales volume declined 19 per cent year-on-year (y-o-y) to 28.3 million tonnes during the first seven months of 2017, a report said. Meanwhile, clinker production fell 10 per cent on a yearly basis to 29

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Saudi cement sales down 19pc during January-July

Saudi Arabia’s cement sales volume declined 19 per cent year-on-year (y-o-y) to 28.3 million tonnes during the first seven months of 2017, a report said. Meanwhile, clinker production fell 10 per cent on a yearly basis to 29

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Saudi cement sales fall 18.7pc in January-May

In the first five months of 2017, the cement sales volume in Saudi Arabia fell 18.7 per cent year-on-year (y-o-y) to 22.6 million tonnes, while clinker production declined 11.3 per cent y-o-y, a report said. Northern and Najran ce

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Saudi cement sales fall 18.7pc in January-May

In the first five months of 2017, the cement sales volume in Saudi Arabia fell 18.7 per cent year-on-year (y-o-y) to 22.6 million tonnes, while clinker production declined 11.3 per cent y-o-y, a report said. Northern and Najran ce

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Man'oushe Street, Al Rajhi to open 25 branches in Riyadh

Man’oushe Street, a popular Middle Eastern home-styled street food eatery, has signed a strategic new master franchise agreement with international investment group Al Rajhi to open 25 new branches in Riyadh, Saudi Arabia. T

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Jarir Q1 profit jumps 27pc to $59m

Saudi Arabia-based Jarir Marketing, a leader in office and school supplies, has posted a net profit of SR221.4 million ($59 million) for the first quarter (Q1) of 2017, as against SR174.1 million in Q1 2016, an increase of 27.2 per cent.

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Almarai Q1: Tepid revenue growth continues

Almarai’s year-on-year (y-o-y) revenue growth, which slowed considerably in the last two quarters to approximately 1.0 - 2.5 per cent, slowed further to just 0.3 per cent y-o-y in Q1 2017, a report said. The fall is due to s

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Almarai Q1: Tepid revenue growth continues

Almarai’s year-on-year (y-o-y) revenue growth, which slowed considerably in the last two quarters to approximately 1.0 - 2.5 per cent, slowed further to just 0.3 per cent y-o-y in Q1 2017, a report said. The fall is due to s

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