With a large number of big ticket projects in the offing and a projected demand supply gap, Qatar could face a serious cement shortage scenario in the near future, cautioned a market analyst.Global Investment House (GIH) research analyst ...
Tags: Cement, Construction
Major infrastructure projects and extensive plans to galvanise residential construction have fuelled demand for building materials in Saudi Arabia, prompting the government to intervene in the cement market for the second time in as many ...
Tags: Cement, Construction, Decoration
IFC, a member of the World Bank Group, is providing a $70m loan to help renovate a cement factory in Iraq, part of an effort to support the local building sector and aid in the country s reconstruction. The financing will allow Kerbala ...
Tags: IFC, cement factory, Iraq, reconstruction
Dwindling cement supplies in Makkah has triggered a growth in the sale of supplies on the black market, where prices have climbed to more than $5 (SR: 20) per bag. Supplies have been dwindling for more than a week, causing concern that ...
Tags: Makkah, Cement Shortage, Black Market, Construction
Many citizens attribute the recent shortage of cement and 20 percent hike in its price to a new expatriate fees ordered by the Ministry of Labor. There has been no arrival of cement to the Jeddah market for the last three days ...
Tags: cement shortage, shortage, cement price, cement market
Demand for cement in Sabah has gone up by around 10 per cent in the past few months, according to Cement Industries (Sabah) Sdn Bhd executive director Bahrul Razha Hj Chuprat. He said this was normal as the upcoming election would see more ...
Tags: market view, cement, demand
Authorities in Jeddah are investigating more than 70 people involved in the current crisis of cement shortage in the city, Arab News has reported, citing an official source. A special committee, formed by Jeddah governor, Prince Mishaal bin ...
Tags: market view, cement, shortage
Traders now selling products at lower price points. (CW Group) After experiencing a cement shortage two months ago, Ghana has seen a decrease in cement prices, a report from Ghana Online said. Last week, Trade Minister Hannah Tetteh, was in ...