Saudi Tabuk Cement names al-Shatri board chairman

Saudi Tabuk Cement names al-Shatri board chairman
Published: 11 January 2011

The management board of Saudi cement producer Tabuk Cement Company (TCC) appointed at a meeting on Sunday Khaled bin Saleh al-Shatri board chairman.

Mohammed bin Ali al-Omari was named vice chairman of the board.

Tabuk-based TCC has an authorised and paid-up capital of SAR700m (US$186.7m).

The company booked a net profit of SAR 99.5m for the nine months to September 2010, up from SAR95.6m a year earlier.