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15/06/2016 06:39 AST
RAK Cement said it has repurchased 8.24 per cent of the capital or 965,000 shares for Dh778,650 on June 13
The company bought back 300,000 shares at Dh0.80 each and 665,000 shares for Dh0.81 each, the company said in a statement posted on Abu Dhabi Securities Exchange's website.
After the exercise, the treasury shares rose to 46.1 million shares, with 9.85 million shares remaining to be bought. RAK Cement is capable of producing 960,000 tons of Clinker and 1,000,000 tons of Cement per year, according to information available on the website.
Gulfnews
06/11/2017
Ras Al Khaimah Cement Company reported a 97.4 per cent drop in nine-month net profit to Dh0.2 million compared to Dh7.8 million a year ago. During the nine months of this year, the total revenues sto
Gulfnews
29/07/2012
Ras Al Khaimah Cement Company earned a net profit of AED 8.5 million for the six months period ending 30 June 2012, compared with a loss of AED 4.9 million of the same period in 2011.
Sa
Gulfbase.com
20/07/2009
Ras Al Khaimah Cement Company made a net profit of AED 51.1 million for the six months ending on 30 June 2009, compared with AED 22.5 million earned for the six months ending 30 June 2008.Lower costs
Press Release
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10/10/2025
As part of its continuous preparations for the highly anticipated Gulf Bank 642 Marathon, scheduled to take place on November 29, Gulf Bank has proudly announced the launch of the second edition of t
Kuwait Times
10/10/2025
The Saudi Water Partnership Company (SWPC) has announced that Alkhorayef Water and Power Technologies, a leading player in the kingdom's utility sector, has emerged as the preferred bidder for the Sm
Trade Arabia
10/10/2025
Saudi Aramco completed the acquisition of an additional 22.5 percent stake in Rabigh Refining and Petrochemical Co., known as Petro Rabigh, from Japan's Sumitomo Chemical Corp. for $702 million.
Arab News
09/10/2025
Once again, Boubyan Bank reinforces its global, regional and domestic digital banking leadership after being recognized with 4 prestigious awards from Global Finance, as part of its annual awards giv
Kuwait Times
09/10/2025
Guided by its philosophy that sees human capital investment as the foundation of sustainable growth, National Bank of Kuwait successfully concluded its 2025 training program for university students,
Kuwait Times
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