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SIEC, Al Jouf Cement to export 72,000 cement tonnes to Jordan annually

SIEC, Al Jouf Cement to export 72,000 cement tonnes to Jordan annually
SIEC, Al Jouf Cement to export 72,000 cement tonnes to Jordan annually
SIECO
4140
7.39% 26.90 1.85
JOUF CEMENT
3091
0.00% 11.40 0.00

Riyadh – Mubasher: Saudi Industrial Export Company (SIEC) and Al Jouf Cement on Sunday signed a selling and marketing contract to export 72,000 tonnes of cement annually to Jordan.

The agreement’s financial impact will be announced in the first quarter of 2018, according to the two firms statements' to the Saudi Stock Exchange (Tadawul).

The two firms gave no further details about the value of the deal. 

Al Jouf Cement’s stock inched up 0.79% to SAR 7.71, while SIEC’s stock increased 1.9% to SAR 13.86.