28/07/2009 00:00 AST

Umm Al-Qaiwain Cement Industries Co., a United Arab Emirates-based cement producer, said second- quarter profit slumped 96 percent on investment losses and impairment provisions.

Net income declined to 2.9 million dirhams, or 0.008 dirham a share, from 81.4 million dirhams, or 0.224 dirham, in the year- earlier period, the company said in a statement to the Abu Dhabi bourse today. Sales fell 5 percent to 29.6 million dirhams.


Bloomberg

Cement firm solidifying earnings in Northern Emirates

05/03/2012

If you can't sell, invest. That seems to be the lesson one Northern Emirates company has learnt recently.

Profits for Umm Al Qaiwain Cement more than doubled last year, despite an almost 5

The National

Ticker Price Volume
QIC Sector Market
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
IHC 401.00 -0.10 (-0.03%)
FAB 13.26 0.56 (4.40%)
EMIRATESNBD 19.05 0.00 (0.00%)
ADCB 10.00 0.14 (1.41%)
EIB 12.25 0.00 (0.00%)
Dubai's Al Ansari Financial Services completes $200m BFC deal in Bahrain

10/04/2025

The Dubai-based Al Ansari Financial Services is now the GCC's biggest non-banking financial services company.

The DFM-listed Al Ansari - which also operates the UAE's biggest remittance firm

Gulfnews

Hilton, Mabanee in deal to open largest coastal resort in Kuwait

10/04/2025

Kuwait-based real estate development company Mabanee and global hospitality major Hilton has announced the signing of an agreement for the development of its prime project - Hilton Kuwait Resort - th

Trade Arabia

Beyon sweeps 2025 Cybersecurity Excellence Awards

10/04/2025

Beyon Cyber, part of the Beyon Group, has been recognized with three major accolades at the 2025 Cyber Security Excellence Awards, one of the industry's most renowned awards, voted on by the global c

Trade Arabia

Estithmar Holding Q.P.S.C General Assembly Elects Board Members

10/04/2025

Estithmar Holding Q.P.S.C. announced the results of the ordinary and extraordinary general assembly meeting held on April 9, 2025, to elect 11 members for the Board of Directors of Estithmar Holding

Gulf Times

Saudi Aramco discovers 14 new oil, gas fields

10/04/2025

Saudi Aramco has made a series of groundbreaking oil and gas discoveries in the Eastern Province and the Empty Quarter, further cementing Saudi Arabia's position as a global energy leader.

A

Arab News