Pakistan’s mystery billionaire

“He’s the Howard Hughes of Pakistan. Nobody ever sees him. You’re the first ones (among journalists) who are going to witness him...

Cement price likely to reduce by Rs14.5 per bag

LAHORE: The price of a 50-kilogramme (kg) cement bag is expected to fall by Rs14.5, as the government has slashed Federal Excise...

Is Dewan Yousuf serious or will he hoodwink everyone yet again?

The Group faces a serious credibility crisis as it turns down offers for its cement plants for the umpteenth time – even the lucrative Mega offer – raising doubts about its intent to sell and settle the default.

Cement prices to go up by Rs50 per bag

LAHORE: Cement manufacturers nationwide have decided to jack up cement price by Rs50 per bag after the hike in fuel prices recently....

Pakistan Army owns $20 billion stakes in fifty conglomerates claims Indian media report

LAHORE:  The Pakistan army exercises control over fifty conglomerates said to be worth $20 billion stretching from banks, industrial plants, universities, milk dairies,...

Govt takes notice of spike in cement prices in northern region

ISLAMABAD: Federal Minister for Industries and Production Hammad Azhar on Sunday, took notice of reports of increasing cement prices in the northern...

Cement sector expected to rebound by 2021, thanks to tax cut and government incentives

At first glance, the cement sector looks like it is struggling. The numbers came in for May, and they were not kind.  Pakistan’s...

Golden opportunity for cement manufacturers as Afghanistan slashes duties 

Afghanistan decides to reduce custom tariff by $15/tonne, and royalty fees by $5/tonne on coal

Dewan Cement rejects Mega Conglomerate’s acquisition offer

Dewan Cement’s spokesperson has claimed the negotiations are still going on and the deal could be salvageable, however, there has been no formal announcement on the stock exchange by Dewan Cement about the status of the deal

2018 to be a bumper year for Pakistan’s cement sector: Report

International Cement Review, the world's leading source of cement manufacturing news and information, in its latest report on the Pakistani cement industry...

Dewan Cement finally strikes deal with Mega Conglomerate after roller coaster week

LAHORE:  A bourse notification filed Wednesday by BMA Capital Management Limited  disclosed that Mega Conglomerate (Pvt) Limited was acquiring 87.5 percent majority...

Dewan Cement in sweet spot to gain cement share of Bhasha dam

KARACHI: Dewan Cement Limited (DCL), a renowned cement manufacturer of the country, eyes on the rising cement demand in Pakistan in general...

CCP raids Lahore offices of cement manufacturers’ association

ISLAMABAD: The Competition Commission of Pakistan (CCP), as part of an enquiry launched in May 2020 to investigate the possible anti-competitive practices...

Dewan Cement is struggling. But why?

In what was supposed to be a record breaking year for the cement industry, Dewan continued to tank

Maple Leaf Capital raises stakes in Pioneer Cement to 10.9pc

KARACHI/LAHORE: Maple Leaf Capital Limited, in a notification issued to the Pakistan Stock Exchange (PSX) on Thursday, reported that the company has...