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UAE CEMENT INDUSTRY
Shree Cement commissions 3 MTPA cement grinding facility in UAEShree Cement Ltd has successfully commissioned a 3 million tonnes per annum cement grinding facility in Ras Al Khaimah. This investment of ...- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 20%, according to analystsInvesting, a wise man once said, is a journey; one that needs to be managed carefully. Remember two things: One, there is never a “perfect ...
- UAE has turned desert sand into construction bricks using a new eco-friendly method developed by scientists that doesn't need additional heat to harden and could reduce cement importsResearchers in the UAE have developed construction bricks using abundant desert sand and alkali-activated binders instead of conventional P...
- These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analystsEven if the ongoing conflict in the Gulf settles anytime soon (and we certainly hope it does), don’t be surprised if the Nifty and Sensex r...
- UltraTech crosses 200 million tonne capacity in IndiaUltraTech Cement has achieved a significant milestone, crossing 200 million tonnes in production capacity in India. This expansion solidifi...
- Tourist visas with health insurance soon to be a reality in the UAEThe UAE has introduced a new initiative to streamline health insurance for tourists applying for visas. Managed by the Federal Authority fo...
- Shree Cement inaugurates three MTPA plant in Andhra PradeshThe newly inaugurated plant places a significant emphasis on environmental sustainability. This state-of-the-art facility is designed to ut...
- India and Oman begin talks on Free Trade PactMineral fuels, inorganic chemicals, compounds of precious metals and iron and steel are India's top exports to Oman while oil, fertilisers ...
- India wins bid to host international conference on cement in 2027India has won the bid to host the International Congress on the Chemistry of Cement (ICCC) in 2027, beating out competition from the UAE an...
- India-UAE Partnership Summit calls for new cooperation prospectsThe summit, held at Dubai Chambers’ headquarters, was inaugurated by Piyush Goyal, Minister of Commerce & Industry.
- Can Shree Cement continue to beat peers on margin front?The Indian cement industry is crowded with multiple players trying to survive in cut-throat competition. The top 5 players in the industry ...
- Trade pact inked with UAE to set GCC templateAdopting the same template would mean the GCC nations may largely extend their market access to Indian goods and services barring specific ...
- UAE launches plan to achieve net zero emissions by 2050The UAE, an OPEC member, has in the past 15 years invested $40 billion in clean energy, the government said. Its first nuclear power plant,...
- Have got LoI from Binani lenders to acquire it, says UltraTechThe Committee of Creditors (CoC) of Binani Cement on May 28 approved the resolution Plan submitted by UltraTech Cement, it said in a regula...
- Acquisition in UAE could improve Shree Cement’s earnings prospectsAt the end of FY17, Shree Cement had liquid investments amounting to Rs 3,390 crore.
- Cement sector may look at exports to remain competitive: DIPPIndia used to export around 10 million tonnes a year to countries like Indonesia, UAE, Nepal and Bangladesh.
- UltraTech cement signs pact with RIICO for railway siding projectAs per the agreement, RIICO will acquire 67.812 hectares of land in Sikar and Jhunjhunu districts for the project.
- Ultratech to spend Rs 11,000 cr in 3 yrs on capacity expansionUltratech Cement today said it will spend around Rs 11,000 crore over three years to increase its cement-making capacity by 9.2 million ton...
- JK Cement plans to raise Rs 800 crJK cement has initiated talks with a few banks to raise debt of over Rs 800 crore to part finance setting up its first overseas plant in th...
- Nitin Fire acquires 40% stake in Dubai coNitin Venture FZE, UAE, a subsidiary of Nitin Fire Protection Industries, has acquired 40 per cent stake in Dubai based New Age Company.
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