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Al Yamamah starts production at expanded Jeddah pipes factory

Saudi-based Al Yamamah Steel Industries Company has announced that it has begun commercial production at its newly-expanded pipe factory in Jeddah. This comes following the completion of Phase One of the factory expansion. ....

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Pemamek to deliver PEMA onshore wind tower production lines to Al Yamamah

Al Yamamah Steel Industries has selected Pemamek to supply high-capacity PEMA onshore wind tower production equipment to the company’s Al-Yamamah Wind Energy Systems Factory. ....

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TASI sees gains for second consecutive day amid earnings wave: Closing bell

RIYADH: Saudi Arabia’s main index, TASI, ended higher for a second consecutive day on Monday, up 0.37 percent to 12,249 points, as the earnings wave continued. The parallel market Nomu edged 0.14 percent lower to 25,281 points, led by glass manufacturer Obeikan on its debut, up 30 percent. On TASI, Amana Insurance remained resilient as it topped the gainers with a 4.38 percent ....

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