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SANAD signs an exclusive supply agreement with Northern Cement Company NCCO



As a step within the company’s strategy which seeks to reduce risks by diversifying its resources, distribute its supply size, and import construction materials from several sources with ensuring commitment to the previous arrangements and obligations without breaching them, Sanad Construction Resources Company SANAD announced signing an exclusive supply agreement with Northern Cement Company NCCO in Jordan, which owns cement plants in Jordan, Saudi Arabia and Iraq. It is good to note that signing this agreement reflects the common agreement to supply cement from NCCO which is used in most brick factories in Palestine for its strength and durability, in order to meet the needs of the local market in the coming period. This step comes later to signing an agreement with Manaseer Cement and Mining Company in Jordan last year, which in turn succeeded on all levels.


Al-Quds Index in a narrow range with the approaching end of 2022

The PEX records average PE of 12.4x and average P/BV of 1.51x in 9M 2022



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