Cement News tagged under: Umm-Al-Quara Cement

RSS feed

Saudi Arabia: new cement firm to be set up in Riyadh

24 June 2013, Published under Cement News

Saudi Arabia's Minister of Commerce and Industry, Dr Tawfiq bin Fawzan Al-Rabiah, has approved plans to establish a new cement producer in Riyadh City. Umm-Al-Qura Cement will be established with a capital of SAR200m provided through 20m shares with a nominal value of SAR10. According to the official Saudi Press Agency, the minister's approval for the new firm came in line with the kingdom's policy to boost economic activities, which is leading to a rash of major construction and infras...