Al Jouf Cement, Al Ayuni ink SAR 33 mln deal for Qurayyat road work

09/09/2015 Argaam

Al Jouf Cement Co. has signed a SAR 33 million agreement with Al Ayuni Investment and Contracting Group, which will be tasked with constructing an intersection and bridge on a road linking Turaif and Qurayyat, the cement producer said in a statement to Tadawul on Wednesday.

 

The contract will extend for 18 months, while the financial impact of the project will be reflected on Q4-2015 statements.

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