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Africa & The Middle East



Hail Cement profits fall in 4Q16

Hail Cement has reported a 20.99% fall in quarterly profits in 4Q16 as the company suffered from weaker cement demand in Saudi Arabia.

 

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Raysut Cement reports rise in profits

Raysut Cement, the largest cement producer in Oman, has reported a preliminary rise in profits in 2016, despite a slack construction sector.