Maadaniyah signs MoU with IGL Group to set up aluminum foundry plant
28/02/2021
Argaam
National Metal Manufacturing and Casting Co. (Maadaniyah) Logo
National Metal Manufacturing and Casting Co. (Maadaniyah) signed today, Feb. 28, 2021, a six-month, renewable memorandum of understanding (MoU) with IGL Group to establish an aluminum foundry plant, the company said in a bourse statement on Sunday.
The move comes as part of the company's plans to develop its projects.
The deal does not have any related parties and is expected to have a positive impact on the company.
Any updates will be announced in due course.
Market Indices
TASI
10,542.23
(47.72)
(0.45 %)
Quotes
MAADANIYAH
10.78
(0.12)
(1.10%)
About Us
Join Us
Argaam Tools is an advanced tool that provides investors, analysts, research houses, and corporate executives with easy access to a single source for in-depth data on macroeconomy, capital market, sectors, and companies insights.
Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}