12/10/2017 16:23 AST

Saudi-based Umm Al-Qura Cement Company has signed a key Islamic financing agreement with Riyad Bank to secure a SR50 million ($13.3 million) loan.

The loan will be used for funding an increase in working capital as well as the capital purchases, the company said in a filing to the Saudi bourse Tadawul.

A major player in Saudi Arabia, Umm Al-Qura Cement Company manufactures and sells Portland and white cement products in the country. It also offers buzlana cement, resistant cement, and clinker, as well as provides cement finishing services.

It has a factory near Taif city with a production capacity of 1.98 million tons per year of clinker.


Trade Arabia

UMM AL-QURA CEMENT COMPANY ANNOUNCES OBTAINING A ISLAMIC FINANCING

23/07/2014

Umm Al-Qura Cement Company announces the signing of Islamic financing agreement with The Saudi British Bank ( SABB ) as following:

1.loan was signed on 22-07-2014

2.Loan amount of

Tadawul

Umm Al-Qura Cement Company will commence on Thursday 12/6/2014

11/06/2014

The Capital Market Authority announces that the listing and trading of Umm Al-Qura Cement Company will commence on Thursday 12/6/2014 within Cement sector with the symbol 3005, with a fluctuation lim

Tadawul

TADAWUL ANNOUNCES THE ADDITION OF THE IPO SHARES OF UMM AL-QURA CEMENT

08/06/2014

The Saudi Stock Exchange (Tadawul) announces that the IPO shares of Umm Al-Qura Cement have been deposited into applicable investor’s portfolios on Sunday 8/6/2014 (10/8/1435).

Tadawul

Ticker Price Volume
QNBK 122.00 272,559
BURUJ 31.60 66,874
SABIC 97.20 1,039,482
TAWUNIYA 92.80 26,112
JULPHAR 2.30 0
DARALARKAN 7.15 7,269,357
WALAA 27.80 8,032
UACC 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
SABIC 97.20 -1.02 (-1.04%)
MAADEN 49.85 0.20 (0.40%)
YANSAB 54.30 -0.11 (-0.21%)
SAFCO 59.40 -0.74 (-1.24%)
KAYAN 8.84 -0.12 (-1.34%)
BBK reports 5.6% increase in net profit

23/10/2017

BBK’s Board of Directors yesterday reviewed and approved the financial results of the bank for the nine months ended 30th September 2017, declaring a net profit attributable to owners of BD 44.9 mill

Press Release

Nakilat posts 9-month profit of QR607mn

23/10/2017

Nakilat (Qatar Gas Transport Company) has reported a net profit of QR607mn in the first nine months of this year.

The board of directors noted that Nakilat’s strategic long-term charters for

Gulf Times

Saudi's Mobily blames fingerprint policy as Q3 loss widens

23/10/2017

Saudi Arabia’s Etihad Etisalat (Mobily) reported a third-quarter loss on Monday, blaming a rule introduced last year requiring fingerprints be registered with SIM cards for shrinking the telecom mark

Reuters

Bahrain to host major Islamic banking conference in Dec

23/10/2017

The 24th edition of World Islamic Banking Conference (WIBC), the world’s longest running Islamic banking conference, is set to return to Bahrain this December, and will take stock of the most pressin

Trade Arabia

Saudi Aramco's IPO, is 'on track' for 2018, CEO Amin Nasser says

23/10/2017

Saudi Aramco CEO Amin Nasser said the oil giant's initial public offering remains on track for the second half of 2018.

Recent reports have suggested Saudi Aramco offering could be delayed u

CNBC