Friday 15 November 2024
 
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Oman Cement, Raysut set up Duqm JV

Oman Cement Company and Raysut Cement Company, Oman’s two main cement manufacturers, have set up a joint venture to explore the feasibility of setting up a large cement plant at the Special Economic Zone (SEZ) in Duqm, said a report.

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Oman Cement, Raysut set up Duqm JV

Oman Cement Company and Raysut Cement Company, Oman’s two main cement manufacturers, have set up a joint venture to explore the feasibility of setting up a large cement plant at the Special Economic Zone (SEZ) in Duqm, said a report.

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Oman's Raysut Cement Q3 net profit falls 8.5pc

Oman's Raysut Cement reported an 8.5 per cent decrease in third-quarter net profit on Tuesday, according to Reuters calculations based on its financial statements. The largest cement firm by market value in the sultanate made

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Raysut Cement appoints new CEO

Oman's Raysut Cement has appointed Salem Alawi Mohammed Baabood as chief executive, the company said in a bourse statement on Wednesday. The sultanate's largest cement firm by market value reported flat first-quarter profi

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Raysut buys 50pc stake in cement maker

Raysut Cement, Oman's largest cement producer by market value, said it acquired a 50 percent stake in Oman Portuguese Cement Products Company (OPCP) to expand into new areas of the cement businesses. Raysut said in a statement it would tak

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Raysut paid $172m to close Pioneer buy

Raysut Cement, Oman's largest cement producer by market value, on Monday said it paid $172 million to close its deal to buy United Arab Emirates' Pioneer Cement Industries.    The acquisition of Pioneer Cement, based in Ras

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Raysut Cement Q3 profit rises 22.9pc

Oman's Raysut Cement on Sunday posted a third-quarter net profit of 6.88 million rials ($16.44 million), up 22.9 percent from the same quarter last year. The company made a net profit of 24.18 million rials in the first nine months of the

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Raysut cement nets record profit

Raysut Cement, Oman's second largest producer of the building material, has posted its biggest quarterly profit ever, thanks to increased production and higher sales. Net income in the three months to March 31 surged 61.9 per cent to RO11

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Raysut Cement profit doubles on higher sales

Raysut Cement, Oman's largest producer of the building material, posted its biggest quarterly profit ever doubling over the year-earlier period on higher sales, including for the Sohar port development project. Net income in the three mont

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Raysut Cement Q3 profit rises 27pc

Raysut Cement Co, Oman's largest cement firm by market value, made a third-quarter profit of 7.12 million rials ($18.50 million), an increase of 26.9 percent from the year-earlier period. Net income in the nine months to Sept. 30 was 19.69

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