Saudi Arabia

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Qassim Cement secures SAR400m SIDF financing

Qassim Cement secures SAR400m SIDF financing

Qassim Cement Company has signed a SAR400m (US$106.7m) financing agreement with the Saudi Industrial Development Fund (SIDF) to support construction of its fourth production lin...

Najran Cement 2Q profit rises 29%

Najran Cement 2Q profit rises 29%

Najran Cement Company reported a 29.5 per cent YoY increase in net profit to SAR5.85m (US$1.6m) in the second quarter of 2026, despite a slight decline in revenue. Quarterly rev...