last trade: 50.75 SAR (25 May 2017) 0.50
Have questions regarding this company profile? Get expert analysis and insight from our team of analysts.
Zawya's analysts update company information from primary sources(company annual reports, press releases, company websites, corporate briefings,official statements/interviews) and reliable secondary sources(stock markets, reliable third party publications).
Our researchers then validate this information and source furtherinformation by contacting the companies directly.
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
The Southern Province Cement Company (SPCC) has signed a deal with a Chinese company for the construction of a second production line at Bisha Cement plant, local media said.Arab News - 12-Nov-2013
Changes in the global political climate have resulted in increasing uncertainty in trading markets and economies around the world. For investors, this could be either a great time to invest in assets or a better time to protect their net worth.
The UAE is embracing technology innovation with a vengeance and has seen digital payment systems become a key area of focus.