Saudi producers to benefit from Neom Bay construction start-up
Saudi Arabia will start developing the first major area of Neom, the kingdom's multi-billion dollar mega-city, from 1Q19. The founding board of Neom, chaired by Crown Prince Moh...
Al Jouf Cement
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Al Jouf Cement to supply Palestinian market
Al Jouf Cement of Saudi Arabia has signed an agreement with Palestine-based Sanad Trading and Marketing to export 50,000t of cement and clinker annually. Al Jouf made the announ...
Al Jouf Cement Company to export 72,000tpa to Jordan
Al Jouf Cement Company signed a sales and marketing contract with the Saudi Industrial Export Company (SIEC) on Sunday, according to a statement released on Tadawul. This follow...
Tabuk and Al Jouf net profit dragged down by lower demand
Saudi-based producers Tabuk Cement and Al Jouf Cement have reported a decline in second quarter net profit due in part to lower demand.
Saudi Arabian cement sales down 16% in January
Domestic cement deliveries in Saudi Arabia in January 2017 were 15.9 per cent lower than in the same month the previous year, according to statistics released by Yamama Cement.
Saudi Arabia: Yanbu, All Jouf and Saudi Cement see fall in 3Q16 profits
More Saudi cement producers have reported a fall in profits for the third quarter of 2016. The decline in profits were attributed to lower sales and a drop in average selling pr...
Saudi Arabia: sales volumes fall 27%
Total cement sales in Saudi Arabia declined 27 per cent YoY and 39.6 per cent MoM in June, to 4.1Mt. Cement production in June was 3.66Mt, down 25 per cent YoY and 34.6 per cent...
Al Jouf Cement 4% decline in 1Q profit
Saudi Arabian cement producer, Al Jouf Cement Co posted on Tuesday a net profit of SAR 24.72m (US$6.59m)
Saudi: Al Jouf Cement signs financing agreement with Alinma Bank
Al Jouf Cement has signed a Murabaha financing agreement with Alinma Bank at a total value of SAR350m. The financing period extends from 15 December 2015 until 14 December 2022,...
Al Jouf net profit advances 11.6% in 2014
Saudi-based Al Jouf Cement recorded a net profit of SAR60.4m (US$16.1m) for 2014, up from SAR54.1m in 2013, the company said in a statement to the Saudi Stock Exchange.