02 Aug 2016
(MENAFN) Qatar National Cement Co. signed a financing contract with Saudi’s Samba Financial Group (Samba) for USD100mn.
Furthermore, QNCC proclaimed that the funding was to finance plant its plant 5, while in 2014, the firm signed the letter of intent with fives FCB.
On the other hand, the estimated cost of the plant was USD260.68mn, whereas the fifth production line was predicted to become operational amid the next 27 months.
Additionally, the firm said that it achieved a net profit of USD69.06mn for the Jan-June period this year, compared to USD66.57mn for the corresponding period 2015.
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
26 Jan 2026
BBK Enhances Autumn Fair 2026 Experience with Customized Rewards and Premium Services
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