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- Saudi bank lending hits record $788bn as corporate loans surge
- Al Rajhi Bank announce a strategic partnership with MuhideFinTech Platform to authenticate and govern SMEs' trade finance transactions
- ACWA Power and Saudi Aramco ink deals to boost renewables, hydrogen, and desalination
- Saudi crown prince launches 'King Salman Automotive Cluster' at KAEC
- Saudi Arabian Shares Drop Most in 10 Months After Oil Tumbles
- Sipchem inks $373m loan deal for key project
- Yen Gains on Slowing U.S. Growth Amid Europe Crisis Safety Bets
- Canada Dollar Drops for Fifth Week as Jobs Data Adds to Gloom
- Ringgit seen remaining weak
- Gulf Bank's Alsamerai named 'HR Professional of the Year'
30/03/2014 09:09 AST
National Gas Co (NGC) announced on Thursday that it has been awarded a contract for supply of three LPG tanks in Saudi Arabia. It has also entered into a franchise agreement with a Kuwait-based company to introduce its metal cutting gas in the Kuwaiti market.
"This is to inform our esteemed shareholders and investors that NGC has been awarded a contract for the supply of three 104WC-each LPG tanks to CIF Jeddha by Al Forsan Global Industrial Complex in Saudi Arabia, for a contract value of US$216,000," the company said in its disclosure to the Muscat Securities Market (MSM) on Thursday.
The company also announced that it has entered into a franchisee agreement with Engineering & Contracting Kuw-ait Co for the introduction of its revolutionary metal cutting gas 'NC+' in the Kuwaiti market.
"We expect reasonable income from these projects," NGC added.
NGC shares surged 9.71 per cent on Thursday on the MSM.
Muscat Daily
19/04/2017
The factories facing fuel shortage in Salalah may not have to struggle hard to get another source of energy to run their establishments smoothly with the availability of Synthetic Natural Gas (SNG).<
Oman Daily Observer
07/09/2015
National Gas Company (NGC), through its 100 per cent subsidiary in the United Arab Emirates (UAE), has signed an exclusive Distributorship Agreement with Gulf Petrochem (UAE) to distribute their full
Oman Daily Observer
07/05/2014
National Gas Company said that its rights issue was subscribed to the extent of 15.56 million shares, against an offer of 20 million shares. The Capital Market Authority (CMA) has approved the allotm
Times of Oman
06/02/2025
Saudi utility giant ACWA Power has signed two agreements with Aramco to accelerate the deployment of renewable energy projects and evaluate the performance of vanadium flow batteries in the Kingdom's
Arab News
05/02/2025
Al Rajhi Bank, a pioneer in innovative banking solutions in Saudi Arabia, has announced a strategic partnership with RATL Technology, the owner of Muhide fintech platform, to digitally empower and fi
Saudi Gazette
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
Financial Information Co.
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