News
27 June 2023

Southern Province Cement signs $375m loan

In:
Manufacturing & equipment
Region:
Middle East & Africa

Southern Province Cement Company has signed a long-term loan compliant with Islamic rules with Saudi National Bank (SNB) at a value of SAR1.40 billion ($375 million).The company will use the proceeds to finance a production line with a daily capacity of 5,000 tonnes at the Jazan Cement plant. The...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Video
10 September 2025

20 minutes with Evan Speece, Doral Renewables

Proximo talks to Evan Speece, CFO at Doral Renewables, about Doral’s approach to developing and financing its portfolio of US solar and BESS assets.

Perspective
12 September 2025

NADBank looks beyond utility-scale renewables

The political backdrop is hardly promising. But NADBank’s shift away from renewables and toward water is timely.