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...

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