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- Yamama Cement to upgrade production line being moved to new plant site
- Arabian Cement forecasts rise in cement demand in Saudi Arabia
- Microsoft laying off several thousand employees
- QSE index closes higher
- Bahrain All Share Index, Islamic Index close higher
- Abu Dhabi's hotel revenues surge to $230m in April
- Gulf Bank launches Bug Bounty and Vulnerability Disclosure Program
- Burgan Bank signs partnership with SAP to deploy SuccessFactors HRM system
- Al Mudhaibi Industrial City signs two investment agreements worth OMR5.75 million
- OPAZ invites bids for phase one of Al Rawdah water drainage project
01/04/2025 06:16 AST
Arabian Cement Company said in its 2024 annual report that work is underway to increase the production capacity of its fifth production line by the fourth quarter of 2025. The company also said it is progressing on a project to connect its Rabigh plant to the Saudi Electricity Company grid under the liquid fuel displacement programme.
It forecast that cement demand will rise in 2025 due to government and Public Investment Fund-backed development projects in the Makkah region. The sector is reportedly operating at 63% capacity due to oversupply and weak demand, according to Zawya News, although an interest rate cut in September 2024 led to a revival of real estate projects.
Global Cement News
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 to go into operation in 4Q17 but construction work is still ongoing.
Cement World
13/10/2017
Arabian Cement Co expects the commercial operation of the grinding unit at its Rabigh plant, Saudi Arabia, to start in the 3Q18, instead of the earlier-announced 4Q17.
Construction on the
CemNet.com
08/10/2017
Arabian Cement said it has entered into potential merger talks with Al Safwa Cement, a key Saudi-based firm owned by El Khayyat Group, Public Pension Authority (PPA) and General Organisation for Soci
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 53.40 | 0.15 (0.28 |
| SABIC | 56.75 | 0.75 (1.33 |
| SABICAGRINUTRIENTS | 108.50 | 0.50 (0.46 |
| LIMEINDUSTRIES | 13.40 | 0.03 (0.22 |
| APICO | 38.56 | 0.00 (0.00 |
03/07/2025
As part of Gulf Bank of Kuwait long-term vision to enhance cybersecurity and in line with its strong commitment to protect its customers' data and digital systems from potential threats and hackers,
Kuwait Times
03/07/2025
Burgan Bank announced a partnership deal with SAP, a global leader in enterprise applications and business AI, as a strategic step toward deploying the cutting-edge, full-suite human resources manage
Kuwait Times
03/07/2025
Commercial Bank, a leader in innovative digital financial solutions, has been recognised as the 'Most Innovative Use of AI Technology - Banking - Qatar 2025' by International Finance.
Commer
Gulf Times
02/07/2025
Meeza, Qatar's leading Managed IT services and data centres provider, has signed a strategic long-term agreement valued at more than QR350mn with a global hyper-scaler, marking a major milestone in i
Gulf Times
02/07/2025
United Development Company (UDC), the master developer of The Pearl Island and Gewan Island, has been honoured with four out of six prestigious international accolades in environment and sustainabili
Gulf Times
Financial Information Co.
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