Cement News tagged under: Al Akaria

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Al Akaria sells stake in Hail Cement

23 November 2020, Published under Cement News

Saudi Arabia’s Al Akaria, a real estate company, has sold its entire stake in Hail Cement Co at a value of SAR96.9m (US$25.84m). The company had a stake of 6m shares and made a profit of SAR36.9m in the transaction, according to a statement on the Saudi Stock Exchange.