Raysut Cement Group News Today

Raysut Cement Company, a leading cement producer in Oman and the Middle East, on Wednesday announced the appointment of Khalid Ramis Mohammed al Rawas as the new chief executive officer of the company.

Raysut Cement expands marketing reach Published: 9:46 PM, May 15, 2021 17-Raysut-Cement-expands-marketing-reach SHARE MUSCAT, MAY 15 - New marketing arms set up by Raysut Cement Company (RCC), the Sultanate’s biggest cement-manufacturer, have expanded the geographical reach of the group beyond the Middle East into parts of East Africa and the Indian Ocean, the publicly traded company announced last week. RCC Trading DMCC has added Zanzibar, Comoros and...

Raysut Cement reports 8% rise in total revenue 02 March 2021 Omans Raysut Cement Group has reported an OMR14.06m (US$36.57m) net loss for the full-year 2020 period, against an OMR2.26m profit in the previous year. The results were attributed to a decline in sales volume in the local market as a result of projects and lower sales realisation per tonne of cement and clinker sold in export markets due to stiff competition from the UAE, Saudi Arabia and Iran. However, the company’...