Displaying items by tag: Sharjah

UAE: Sharjah Cement and Industrial Development raised its sales by 12% year-on-year to US$92m, Reuters has reported. The producer recorded a profit of US$2.61m, compared with a loss of US$1.58m in the first half of 2023.

UAE: Sharjah Cement’s sales were US$172m in 2023, down by 0.2% from US$173m in 2022. Mubasher has reported that the company successfully turned a profit of US$308m, compared to a US$10.8m loss in 2022.

UAE: The board of Sharjah Cement and Industrial Development elected Othman Mohammed Sharif Abdullah as its new chairman at a meeting on 12 October 2019. Mubasher has reported that the company, which is based in the UAE, and also listed in Kuwait, also appointed Salah Abdulla Al Noman to its board.

UAE: Ahmed Abdullah Al Noman, the chairman of Sharjah Cement & Industrial, has died. He had been in the position since 1993, according to Bloomberg. He was also the chairman of the Bank of Sharjah. The company operates an integrated cement plant as well as paper sack and synthetic rope businesses.