Riyadh – Mubasher: The board of directors of Al Yamamah Steel Industries Company appointed Saad bin Ibrahim Al Mojel as chairman for the coming three years.

The board also appointed Raed bin Ibrahim Al Mudieheem as deputy chairman, according to the company’s statement to the Saudi Stock Exchange (Tadawul) on Sunday.

By 12:20 pm Saudi time, the stock gained 0.68% to SAR 26.70.