Saturday 23 November 2024
 
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export ban

Saudi cement export ban lift to provide little relief to producers

The much anticipated lifting of the Saudi Arabia export ban on cement, which was mandated in 2008 and renewed in 2012, may allow little relief for the kingdom’s cement producers, according to a research note issued by Arqaam Capital, the e

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Export ban hits Saudi Cement profit

Saudi Cement Company, the country's second-largest producer, said on Saturday its second-quarter net profit declined 2.3 per cent as a government export ban hit sales. Saudi Cement made SR167.7 million ($44.72 million) in the three mon

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Saudi Cement Q1 profit down 12pc

Saudi Cement , Saudi Arabia’s second-largest cement producer, said its first-quarter profit fell 12.3 per cent after a government ban on exports. Saudi Cement made SR152 million ($40.5 million) in the three months to March 31 down from SR1

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India retains trading ban on four commodities

India is likely to keep the export ban on rice and wheat, after extending a four-month ban on futures trading in soybean oil, rubber, potatoes and chickpeas to curb high prices, a report said. Futures trading in the four commodities h

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