Sharjah Cement and Industrial Development Co. (SCIDC:ADX) has announced a 18.7% increase in sales revenue from AED 322.7 million (US$ 88m) in H1 2013 to AED 383.1 million (US$ 104m) in H1 2014 with a 135% increase on net profit for the first half of 2014, compared with the same period last year. The company attributed the rise in turnover ...

Sharjah-based energy company Dana Gas PJSC (DANA:ADX) has announced a 70% rise in net profits for the second quarter of 2014 totaling US$ 46 million (AED 169 m), citing an increase in production across its projects and higher realised hydrocarbon prices. The company, which is the Middle East’s largest regional private sector natural gas company, reported an increase in average overall production ...

Sharjah’s award-winning integrated environmental and waste management company, Bee’ah, has stepped-up its tyre recycling efforts to process 3 million tyres per year. The company’s US$40million (AED 146.9m) recycling facility outside Sharjah city has already produced 3,565 tonnes of crumb rubber this year, equivalent to 90% of last year’s total production. Bee’ah is leading the way for tyre recycling in the ...