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FINANCIAL NEWS
Cemena, Sinoma sign Syrian cement plant deal
02 Dec 2010
(MENAFN) Hesham Al Rayes, Chairman of Bahrain-based Cemena Holding Company, a Middle East and North Africa (MENA)-based cement holding company has signed a deal with China-based Sinoma CBMI Construction Company Ltd. a subsidiary of Sinoma Group, to construct a cement plant in Syria, Gulf News reported.
According to Hesham, the plant which is located in Jebel Al Kahlah; halfway between the Syrian capital Damascus and Syria’s second largest city of Homs, will have a production capacity of 6,400 tons per day, with two production lines, 3,200 tons per day on each line.
The construction of phase one will start in the upcoming month and it is expected that initial production will start in 18 months. The plant will benefit from huge demand in the fast growing Syrian market and it will also supply neighboring countries such as Iraq where state infrastructure projects, and private sector development have created substantial demand for cement, Hashem said.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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