Al Jouf Cement inks SAR 38M contract to export cement to Syria

Al Jouf Cement Co. inked a contract with Mohammed Shahi Al-Ruwaili Contracting at a total value of SAR 38 million, according to a statement to Tadawul.

Under the contract, Al Jouf Cement will export all types of cement and clinker to Syria. The contract’s value is 10% higher than the company’s gross revenue, as per the latest consolidated financial statements.