Watani Iron Steel Co. (9513)

Riyadh – Mubasher: Watani Iron Steel Company has conducted a comprehensive maintenance shutdown of its production lines, units, and operational facilities. The temporary closure is scheduled to last for 20 to 25 days starting from 15 December …

Riyadh – Mubasher: The board members of Watani Iron Steel Company decided to transfer its shares from the Parallel Market (Nomu) to the main market All Share Index (TASI). The company appointed Aldukheil Financial Group as a financial advisor for …

Riyadh – Mubasher:  Watani Iron Steel Company announced Abdul Karim Mohammed Al Rajhi as the Chairman of the board for the coming three years, according to a bourse filing. Mishaal Abdul Karim Al Rajhi and Youssef Muhammad Al Tarif were appointed …

Riyadh – Mubasher: Watani Iron Steel Company has renewed a Sharia-compliant facility agreement worth SAR 25 million with Alinma Bank, according to a recent bourse filing. The facility deal will hold a duration period from 12 October 2022 to 31 …

Riyadh – Mubasher: Watani Iron Steel Company has renewed and amended a Sharia-compliant credit facility agreement worth SAR 60 million with Bank Albilad. The loan aims to finance the steel company’s working capital, according to a bourse …

Riyadh – Mubasher: Watani Iron Steel Company has received the Saudi Industrial Development Fund's (SIDF) approval to reschedule the remaining amount of the payment due on 17 May for an additional two months. The total loan is valued at SAR 164 …

Riyadh – Mubasher: Watani Iron Steel Company signed a short-term Sharia-compliant credit facility agreement worth SAR 20 million with Arab National Bank (ANB). The Saudi company has obtained the loan on 10 May this year to finance its working …

Riyadh – Mubasher: Watani Iron Steel Company has obtained a short-term credit facility worth SAR 25 million from Alinma Bank. The company has secured the Sharia-compliant loan on 27 September 2021 to finance its working capital, according to a …

Riyadh – Mubasher: Watani Iron Steel Company registered net profits after ZAkat and tax worth SAR 30 million during the first half (H1) of 2021, a growth of 63.7% from SAR 18.31 million in H1-20. Earnings per share stood at SAR 2.48 in H1-21, up …

Riyadh – Mubasher: Watani Iron Steel Company has fully repaid a short-term loan worth SAR 40 million from Saudi British Bank (SABB)- Alawwal Bank, according to a bourse filing on Tuesday. Repaying the credit facility will contribute to reducing …

Riyadh – Mubasher: Listing and trading the shares of Watani Iron Steel Co on the Saudi bourse began on Wednesday, 17 February 2021, the Saudi Stock Exchange (Tadawul) said. The company will be listed on the Nomu-Parallel Market Capped Index …