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- Bahrain All Share Index, Islamic Index close higher
- CMA compensates 17,000 investors with SR1.196 billion in Dar Alarkan case
- Kuwait seeks to expand aviation ties, strengthen international cooperation
- Opec+ plans another oil output hike in November
- Oman's central bank issues treasury bills worth OMR2.25mn
- Dar Al Arkan to launch landmark Manhattan masterplan in Jeddah
- Accor to develop portfolio of over 3,000 keys in Saudi Arabia
- OIA expands global AI portfolio with UK-based Salience Labs
- Qatar awards $3.3bn worth 13 infrastructure contracts
- talabat improves insurance coverage benefits for delivery riders in UAE
19/10/2017 22:21 AST
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.
The delay is "due to the contractor's failure to comply with the timetable," the company said in a release to the Saudi Stock Exchange.
The second-phase of the project - which will see the engineering, supply, and construction of a clinker production line - is still under review, the company added. A decision will be made following the ongoing project study.
This is the latest delay to hit the project, which had been due to start-up in 2Q16. This was later delayed to 1Q17 before the latest push back to the schedule. Chinese engineering company, CNBM, was originally awarded the contract for construction of the mills in April 2015.
Cement World
01/04/2025
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
Global Cement News
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 | 60.35 | -0.75 (-1.23 |
| SABIC | 60.40 | 0.15 (0.24 |
| SABICAGRINUTRIENTS | 117.60 | -0.90 (-0.76 |
| LIMEINDUSTRIES | 12.16 | 0.11 (0.91 |
| YANSAB | 33.40 | -0.26 (-0.78 |
30/09/2025
Dar Al Arkan, Saudi Arabia's leading real estate developer, is planning to launch its landmark masterplan, named Manhattan, covering 1 million sq m of prime land in the heart of Jeddah.
"Th
Trade Arabia
30/09/2025
talabat, the on-demand delivery platform in the Middle East and North Africa (MENA), has expanded its set of mandatory safety insurance requirements for all delivery fleet partners operating in the U
Gulfnews
29/09/2025
In line with its mission to deliver an excellent customer experience and lead with innovation, Burgan Bank announced receiving the coveted 'Elite Quality Recognition Award' for the year 2024 from JP
Kuwait Times
29/09/2025
Oman Arab Bank (OAB) has announced the successful completion of its rights issue, through which 333,333,333 new shares were issued, raising RO50mn. Following the transaction, the bank's paid-up capi
Muscat Daily
29/09/2025
Batelco by Beyon and the Bahrain Chamber of Commerce & Industry have signed an agreement to strengthen collaboration in support of small and medium enterprises (SMEs) and enable their success within
Trade Arabia
Financial Information Co.
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