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30/09/2009 00:00 AST
The Kuwait Stock Exchange (KSE) announced on Tuesday that Shuaiba Industrial Company (SIC) signed a contract to participate in the capital of Atbra Cement Company Ltd. which manufactures cement sacs, at a cost 11 million U.S. dollars in Sudan. The SICs share in the suggested capital is 33 percent, KSE said on its website.
The SIC is to manage and monitor the project starting from the construction, establishment and implementation. The project is expected to due doe delivery in the first quarter of 2011.
The SIC was established in 1978 and was listed in the KSE in 1996 with a paid-up capital of 5.06 million Kuwaiti dinars (approximately $17.9 million).
The SIC is specialized in manufacturing paper materials, bags, cups, napkins and trading.
KUNA
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18/04/2025
Batelco, a part of Bahrain's leading digital solutions provider Beyon Group, has partnered with Nokia, a global leader in network technologies, up to deploy the kingdom's first private 5G network for
Trade Arabia
18/04/2025
As part of its ongoing efforts to create an ideal work environment that reflects its deep commitment to employee wellbeing and work-life balance, Gulf Bank has announced a reduction in daily working
Kuwait Times
18/04/2025
Zain Fintech, the financial services arm of Zain Group, a leading provider of innovative technologies and digital lifestyle communications operating in eight markets across the Middle East and Africa
Kuwait Times
17/04/2025
Bullish on Qatar's macroeconomic prospects, Al Mahhar Holding is exploring options on expanding its manufacturing base for the energy sector over the medium term and aims to diversify into renewables
The Peninsula
17/04/2025
Abu Dhabi-based global entities ADQ, IHC and Modon Holding have entered into a joint venture to form a dedicated infrastructure platform - Gridora - that will actively drive infrastructure developmen
Trade Arabia
Financial Information Co.
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