Yamama, Gas Arabian ink SAR280m supply agreement

Riyadh - Mubasher: Yamama Cement announced on Wednesday that it has signed a special agreement with GAS Arabian Services Company to supply fuel for its new factory, according to a bourse filing.

The Saudi cement manufacturer said that the agreement total cost is SAR 280 million, without specifying the financing sources.

The project will begin on 16 October and is scheduled to be completed by 15 March 2019, the company’s statement indicated.

Mubasher Contribution Time: 12-Oct-2016 19:37 (GMT)
Mubasher Last Update Time: 12-Oct-2016 19:37 (GMT)