Monday 24 September 2018
 
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Arabian Cement

Arabian Cement posts $13.5m Q2 net loss

Arabian Cement, a leading industrial group in the kingdom, has registered a net loss of SR50.9 million ($13.5 million) for the second quarter of 2018 mainly due to the poor performance of its Jordanian unit (Qatrana Cement). Also

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Arabian Cement posts $13.5m Q2 net loss

Arabian Cement, a leading industrial group in the kingdom, has registered a net loss of SR50.9 million ($13.5 million) for the second quarter of 2018 mainly due to the poor performance of its Jordanian unit (Qatrana Cement). Also

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Arabian Cement launches new start-up programme

Arabian Cement Company (ACC), a leading Egyptian industrial group, has signed a partnership deal with Nahdet El Mahrousa to start a new phase of its social start-up programme: Khaleeha Suessi. Launched under the name of “Ske

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Arabian Cement launches new start-up programme

Arabian Cement Company (ACC), a leading Egyptian industrial group, has signed a partnership deal with Nahdet El Mahrousa to start a new phase of its social start-up programme: Khaleeha Suessi. Launched under the name of “Ske

More…

Arabian Cement's 2017 gross profit down 37pc

Saudi-based Arabian Cement Company, one of the largest cement producers in the GCC, said its gross profit fell to SR349.5 million ($93 million) in 2017 from SR551.6 million ($147 million) the previous year. The plunge in these fig

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Arabian Cement's 2017 gross profit down 37pc

Saudi-based Arabian Cement Company, one of the largest cement producers in the GCC, said its gross profit fell to SR349.5 million ($93 million) in 2017 from SR551.6 million ($147 million) the previous year. The plunge in these fig

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Arabian Cement to settle NBE loan by mid-2021

Arabian Cement Company (ACC) has received approval on rescheduling the $30.9 million loan granted by the National Bank of Egypt. The loan will be repaid on 15 quarterly instalments at $2 million each, with a debt rate on foreign c

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Saudi cement firms eye merger

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 Social Insurance (Gosi). The bigges

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Saudi cement firms eye merger

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 Social Insurance (Gosi). The bigges

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Arabian Cement launches start-up funding scheme

Egypt-based Arabian Cement Company (ACC) has launched the second round of its social start-up programme, continuing in partnership with Nahdet El Mahrousa (NM), an incubator of early stage social enterprises. Building on the succe

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