According to an announcement posted on Tadawul, the Saudi Arabian Mining Company has signed a SAR 9 billion murabaha Islamic loan deal for a period of five years with a number of banks,. The report said that the company decided to ...
Tags: Saudi Arabian Mining Company, loan deal, financial flexibility
Saudi Arabia began aluminium production at its first smelter built through JV between the Saudi Arabian Mining Company and US giant Alcoa. Mr Khalid al Mudaifer president & CEO of Maaden said that "Today we see the first aluminium ...
Tags: aluminium production, aluminium, giant Alcoa, alumina
Reuters reported that Saudi Arabian Mining Company,Maaden,which has an aluminium JV with Alcoa,raised SAR 9 billion through an Islamic loan facility to help fund its future projects. Maaden in a bourse statement said that the murabaha ...
Tags: Maaden, Islamic loan facility, aluminium JV
Saudi Arabian Mining Company has announced the kingdom's first aluminium smelter is to reach full production later than planned due to long delays to a power plant it needs to run flat out. Maaden said that operations at the USD 10.8 ...
Tags: Saudi Arabian Mining Company, aluminium smelter, smelting capacity
Reuters reported that Saudi Arabia's first aluminium smelter will reach full production more slowly than planned due to long delays to a power plant it needs to run flat out. Saudi Arabian Mining Company expects to begin operations at ...
Saudi mining firm Maaden signed deals worth SAR 977 million with US firms Fluor Corporation and Bechtel to help develop an industrial city in the country's north. Saudi Arabia home to the world's largest oil reserves, is keen to develop ...
Tags: saudi arabia, contract mining, construction firm, uae emirates
Saudi Arabia's Sahara Petrochemicals Company said late Thursday that its subsidiary Sahara and Maaden Petrochemicals Company, or Samapco, has secured a loan worth Saudi Riyals 1.98 billion ($528.2 million) from a consortium of Saudi banks. ...
Tags: Samapco, Petrochemicals, caustic soda
Construction Week reported that Saudi Arabia Mining Company Maaden has announced that it is to begin production at the aluminum smelter which will form the Phase I of USD 10.8 billion integrated aluminium production process next month. ...
Tags: Aluminium Project, Maaden, aluminum smelter, aluminium production