City Cement Board Approves Formation of Subsidiary for Mining Services

City Cement Company announced on Tuesday that its Board of Directors has approved the establishment of a wholly owned subsidiary specializing in mining services. The new company will be headquartered in Riyadh with a capital of SAR 500,000, subject to obtaining the necessary approvals and licenses from the relevant authorities.

This move aligns with City Cement’s strategic objectives, and further updates will be provided as developments unfold.