Real estate related economic and financial news covering the MENA region.
Gulf Cement Company returns to half-year profits
Aug 08, 2012
The Abu Dhabi market index ADXGI gained 0.14% to close at 2,514.45 points. While Etisalat (off 0.44%) weighed on the gauge, Aldar Properties (up 0.82%) supported the measure, gaining
Gulf Cement Company reported a 99% increase in half-year profit, amounting to Dhs64.98m, "as a result of slight improvement in cement sales prices," the firm said, whose shares closed unchanged.