Al Jouf Cement Signs Contract with Webuild SpA Worth SAR 104.2 Million

Al Jouf Cement Company announced on Wednesday the signing of a contract with Webuild SpA worth SAR 104.19 million, excluding VAT.

According to the contract, Al Jouf Cement Company will sell cement to Webuild SpA for NEOM projects.

The contract duration is 41 months from the date of signing, and the company expects a positive financial impact on its financial statements starting from the third quarter of 2024 until the end of the contract period.