09/03/2026 09:56 AST

Saudi-based Najran Cement has awarded a SAR49 million ($13 million) contract to Sinoma International Engineering Limited for the development of an electric grid connection project at Sultanah in the Madinah province.

To be implemented under the Liquid Fuel Displacement Programme, the project will aim to contribute to reducing emissions from power generation within the company's facilities and also boost the operational reliability of the electrical grid without a material financial impact on the company, said Najran Cement in its filing to Saudi bourse tadawul.

As per the deal, the turnkey contract will be completed within a eight-month period.

The scope of work includes delivery of electrical services to the company's plant in Sultana on a turnkey contract.

On the financial impact, Najran Cement said the project aims to boost energy efficiency and environmental sustainability and also contribute to supporting the Kingdom's Vision 2030.

It will also work to achieve the key objectives of the Liquid Fuel Displacement Program supported by the Ministry of Industry and Mineral Resources.


Trade Arabia

Clifford Chance advises Najran Cement Company on Sukuk issue

17/06/2015

International law firm Clifford Chance has advised Najran Cement Company on its debut sukuk issuance. The sukuk was issued with a face value of SAR400 million, with a floating profit rate linked to S

Press Release

Saudi's Najran Cement sells 400 mln riyal five-yr sukuk - statement

14/06/2015

Saudi Arabia's Najran Cement has raised 400 million riyals ($106.7 million) through an Islamic bond of five years duration, it said in a statement on Sunday.

The sukuk was privately placed w

Reuters

Ticker Price Volume
NAJRANCEMENT Sector Market
P/E
Price/BookValue
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
MAADEN 70.00 5.00 (7.69%)
SABIC 59.25 -0.10 (-0.17%)
SABICAGRINUTRIENTS 148.50 -1.50 (-1.00%)
YANSAB 33.80 -1.90 (-5.33%)
LUBEREF 110.50 2.10 (1.93%)
Zain Bahrain names Ammar Al Ketbi as new CEO

09/04/2026

Zain Bahrain, a leading provider of telecom services, innovative technologies and digital lifestyle experience in the kingdom, has appointed Ammar Al Ketbi as its new Chief Executive Officer.

Trade Arabia

Al Mal Capital appoints Sanjay Vig as Chief Executive Officer

09/04/2026

Al Mal Capital , a UAE based investment management and financial advisory firm, licensed by the Capital Markets Authority (CMA) has appointed Sanjay Vig as the Chief Executive Officer.

Vig

Trade Arabia

Abu Dhabi Maritime Academy inks deal with Congolese mining firm

09/04/2026

Abu Dhabi Maritime Academy (ADMA), the region's leading academic institution for maritime training, and an integral part of AD Ports Group, has signed a research, development, and operational deploym

Trade Arabia

Alkhorayef lands Riyadh sewage network maintenance contract

09/04/2026

Saudi-based Alkhorayef Water and Power Technologies Company has announced that it has secured a SAR69.5 million ($18.5 million) sewage project works contract from Royal Commission for Riyadh City.

Trade Arabia

Asas Makeen in deal to develop 503-unit residential project in Riyadh

09/04/2026

Saudi-based Asas Makeen Real Estate Development and Investment Company has announced that it has signed an agreement with Tawafuq Al Rimal Real Estate Fund for the development of an integrated reside

Trade Arabia