Riyadh – Mubasher: Tabuk Cement Company has inked a memorandum of understanding (MoU) with International Aspirations Limited for the sale and export of clinker and Portland cement.

The agreement is expected to generate a revenue increase of SAR 27 million for the company during the contract period.

Under the terms of the agreement signed on 7 September 2026, International Aspirations Limited will purchase and export specific quantities of the two products. The MoU is effective for a duration of six months starting from the date of signing.

Tabuk Cement confirmed that there are no related parties involved in the transaction. The deal aligns with the company's strategy to expand its commercial footprint through international export markets.

Meanwhile, the financial impact of the agreement will be reflected in the company's revenues over the six-month term of the memorandum.

In the first half (H1) of 2026, the listed company’s net profit dropped by 83.03% to SAR 4.61 million from SAR 27.17 million in the prior-year period.