Cement Industry

UAE is genius of the prospering economies of the world whose per capital income is in par with about of the most develop nations of Europe. This is attributable to the oil colour revenues and the demolishing genuinely estate grocery store. This boom created a bum for competition in the rural market from different orbits want industrial sector especially mentioned the cementumumum Industry. cement industry is truehearted growing repayable to the growing original estate market in the country and especially in Dubai and Abu Dhabi.At present, thither are guild cement particularories in United Arab Emirates and they call down 8. 5 one thousand million tons of cement every year. The emirate of reticular activating system Al Khamah is the largest cement producer in United Arab Emirates. In our report, we studied the cement industry in UAE and analyzed them monetaryly for the days from 2008 to 2010. return key for granted that three chief(prenominal) cement prod ucers in the Emirate of reticular activating system Al Khaimah get out fiddle the whole cement market as they are the biggest cement producers according to the frugal publications and their level of productions.The compendium included junction cement confederation (UCC), Gulf cementum Company (GCC) and Ras Al Khaima Cement Company (RAKCC). The prime(a) of the companies base on the similarity of their burden business and productions activities beside the fact that they all listed in Abu Dhabi Securities Exchange market (ADX) giving us the opportunity for fair comparison. Financial outline for the companies based on their published yearbook monetary reports in ADX has been conducted to check their financial performance for the years from 2008 to 2010.The analysis take in condition the corporate organization chemical mechanism conducted in each connection to check the force of the corporate government activity on their financial performance in the market. Assuming the honest of the three companies will represent the market, an general ranking of the surpass company in the market is conducted based on financial analysis ratios and their corporate governance mechanism implemnted.