Danish engineering firm FL Smidth has confirmed reports in Qatari media that it is in talks to supply Qatari Investors Group with equipment and machinery to build a new cement plant to boost capacity in the region. However, the firm added ...
Tags: Construction, Decoration, Cement
The Qatar Exchange 20 Index rose for the 7th consecutive session on Wednesday, closing up 1.42%at 8,656.22. Market bellwether Industries Qatar surged 4.24%, finishing at QR169.80. Shares of Qatar National Cement Co. declined 0.50% to QR99. ...
Tags: Cement, Construction
Qatar Cement has revealed a 7% decline in net profits for 2012 to $116.8m (QR: 425.3m), from $125.3m (QR: 456m) in 2011. The company also saw its sales decline by 2.5% to $264.9m (QR: 964.3m), according to newly-filed accounts. Notes ...
Tags: Qatar Cement, net profits, cement industry