
Displaying items by tag: Gulf Cement Company
UAE: Gulf Cement Company has appointed Mohamed Ahmed Ali Ebrahim as its CEO. He was previously working as the company’s Acting CEO.
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People
Gulf Cement falls into loss-making in first nine months of 2019
14 November 2019UAE: Gulf Cement’s losses in the nine-month period to 30 September 2019 were US$1.06m, compared to a US$0.44m profit in the corresponding period of 2019. This was caused by a fall in nine-month revenue of 8.3% year-on-year to US$92.8m from US$101m.
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Global Cement News
UAE: Al Khair National has suspended talks to sell a 38% stake in Gulf Cement to Liberty House Group. Negotiations originally started in December 2017.
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Global Cement News