The shares of the Gulf Cement Company, which is included and traded on the Abu Dhabi Stock Exchange, increased by 14.91% during trading today, to trade at 0.925 dirhams per share, achieving its highest price in 45 months.
The trading on the share of Gulf Cement at that time came through 1.07 million shares with a value of trading 973.24 thousand dirhams.
The highest price of the share at that time was at 0.93 dirhams, while the lowest price was at 0.82 dirhams.
The Gulf Cement Company is one of the leading companies in the cement industry in the United Arab Emirates, as it was established in 1977, and has since been able to prove its presence as one of the most prominent cement producers in the region.
The company’s industrial facilities are located in the Emirate of Fujairah, which gives it a strategic advantage in terms of geographical location, as it is easier for them to export their products to regional and global markets. The company has a large production capacity, which enables it to meet the local demand and export its products regularly.
Gulf cement offers a variety of cement products that include ordinary Portland cement and sulfate -resistant cement, along with mixed cement, in addition to other types designed to suit the various needs of construction projects, all of which are characterized by high quality and reliable performance standards.
The company also puts the environmental aspects within its priorities, as it works to reduce emissions and enhance the efficiency of operational processes by adopting the latest technologies in production, as part of its commitment to sustainability and preserving the environment.
The company focuses on meeting the needs of the UAE market and the markets of the Gulf Cooperation Council countries, as well as targeting international markets in Asia and Africa, which enhances its presence as one of the main players in the building materials sector regionally and globally.
