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Oman Cement HQ robbed
Oman Cement has said that a roobery has taken place at its headquarters, during which over $233,000 (OR: 90,000) was taken.

In a brief statement to the Muscat Securities Market, the firm s chief executive officer Jamal Shamis Al Hooti said that burglars broke into the the firm s sales department and stole the money on the evening of last Thursday, May 9.

He added that the company s insurance firm has been notified about the incident.

Oman Cement is one of the country s two quoted cement producers and is based in the Rusayl Industrial Area - 32km from Muscat International Airport and 60km from the city s Port Sultan Qaboos.

In the three months to March 30, the company reported a 35% rise in net profits to $17.9m as sales grew by 12% to $40.7m.


UAECEMENT.COM - May,14,2013



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