Arabian Cement receives a notice to amend selling prices of fuel products used in production

Arabian Cement Company announced that it received a notice on Wednesday, 01-01-2025, from the Saudi Arabian Oil Company (Saudi Aramco) to amend the selling prices of fuel products used in cement production, effective from 01-01-2025.

The company explained that the direct financial impact is estimated at an increase of about 10% in the cost of production. The company would like to confirm that it will work during the coming period to explore ways to reduce the financial impact of this amendment on the financial results.