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Cement sales increase 40% in April

LAHORE: The cement sector posted a growth of 40.41% in April 2021 as total sales reached 4.94 million tons against 3.52 million tons in the same month of previous year. According to data released by the All Pakistan Cement Manufacturers

Automobile sales increase 31% during fiscal year

ISLAMABAD: The sale of cars during first three quarters (July-March) of current fiscal year increased by 31 percent as compared to the period of last year. According to data released by Pakistan Automobile Manufacturing Association (PAMA), as many as 112,244

Biden proceeds with $23 billion weapon sales to UAE

WASHINGTON: US President Joe Biden’s administration has told Congress it is proceeding with more than $23 billion in weapons sales to the United Arab Emirates, including advanced F-35 aircraft, armed drones and other equipment. A State Department spokesperson said the

Cement sales show record 44.4% growth in March

KARACHI: Cement sector observed the highest-ever monthly growth by 44.39 percent in March to 5.773 million tonnes from 3.722m tonnes in the same period last year due to increasing domestic needs and exports. The data released by All Pakistan Cement

Cement sales increase 15.70% in Jul-Dec

ISLAMABAD: The cement sector posted a growth of 15.66% during the first six months of the fiscal year 2020-21 as demand in the domestic market accelerated due to the attractive incentives announced by the government for the construction sector. According

Cement sales grow 4.19% in November

KARACHI: The cement sector posted a growth of 4.19% in sales during November 2020 compared to the same month last year. This was the lowest monthly growth in current fiscal year after a double-digit rise in September and October 2020.

Saudi Aramco profit crashes 73% amid signs of recovery

RIYADH: State oil giant Saudi Aramco’s profit has plunged 73 percent in the second quarter of the year amid a slump in energy demand and prices due to the coronavirus crisis. All major oil companies have taken a hit in

Cement sales increase by 37.75% in July

ISLAMABAD: The sales of the cement increased by 37.75 percent from 3.512 million tonnes in July 2019 to 4.838 million tons in July this year. According to data released by the All Pakistan Cement Manufacturer Association (APCMA), a 1.98 percent

Domestic cement consumption decline first time in six years

LAHORE: Cement sales increased by 29.94 percent in June 2020 to 4.623 million tons from 3.557 million tons in June 2019, ending the fiscal year 2020 on a positive note after a decline for three consecutive months. According to the