Qassim inks SAR 17 mln deal to export cement to Kuwait

21/03/2019 Argaam

 

Qassim Cement Co. on March 1, 2019 signed an agreement with Kuwait-based Al-Arada for Building Materials Co. to export 120,000 tons of cement.

 

The deal value was estimated at SAR 16.8 million, Al-Qassim said in a bourse statement on Thursday.

 

The related financial impact is likely to show later on this year.

 

The deal, which came into effect on March 1, will be valid until the end of this year, the statement added.

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