Al Jouf Cement Signs SAR 55.4M Syria Export Contract

JOUF CEMENT

3091.SA

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Al Jouf Cement Company announced on June 29, 2026 the signing of a SAR 55,406,250 sale and supply contract with Maham Construction and Contracting Company LLC, a subsidiary of Al-Hassan Holding Group. The one-year contract covers the supply of various types of cement and clinker for export to the Syrian Arab Republic. The financial impact is expected to be reflected in the company's results starting from the third quarter of 2026. Additionally, both companies signed a Memorandum of Understanding for strategic cooperation to explore investment and commercial opportunities as part of Al Jouf's transformation strategy initiatives.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96482&anCat=1&cs=3091&locale=ar

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