last trade: 44.75 SAR (18 October 2017) -0.10
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The cut in government spending might impact construction related sectors - real estate, cement and building & construction.The Saudi Gazette - 09-Aug-2016
Saudi Arabia is the largest producer of cement in the GCC, basing a capacity of over 57 million tons by the end of 2014. The Kingdom with a 33.2 percent capacity expansion in five years also included among the top ten cement producers in the world. Heavy infrastructural developments, including a series of economic cities lead to a high demand for cement in Saudi Arabia. Almost entire productionArab News - 09-Feb-2015
The Saudi cement sector is currently passing through a difficult patch due to labor issues.The Saudi Gazette - 22-Sep-2014
The National Commercial Bank (NCB) and Southern Province Cement Company (SPCC) entered into a financing agreement of Islamic Tayseer, amounting to SAR700 million for five years.The Saudi Gazette - 03-Apr-2014
The National Commercial Bank (NCB) and Southern Province Cement Company (SPCC) entered into a financing agreement of Islamic Tayseer, amounting to 700 million Riyals for five years. The agreement was signed in Riyadh by His Highness Prince/ Abdullah bin Musa'ad bin Abdul Rahman Al Saud, Chairman of the Southern Province Cement Company and Mr. Mansour S. Al Maiman, Chairman of the NationalPress Release - 02-Apr-2014