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SIEC to expand footprint in UAE, Sudan

SIEC to expand footprint in UAE, Sudan
The financial impact regarding opening the new branches will be announced later
SIECO
4140
11.18% 27.85 2.80

Riyadh – Mubasher: The board of directors of the Saudi Industrial Export Company (SIEC) has approved opening two new branches in the UAE and Sudan.

The company aims to meet its customers’ needs in the African and Asian markets, according to the firm’s statement to the Saudi Stock Exchange (Tadawul) on Sunday.

The company noted that both markets are among the target markets in the company's strategy to expand its client base.

Moreover, the financial impact regarding opening the new branches or further developments will be announced later.