Introduction Al Kathiri Company announces that Alian Industry Company (ready-mix concrete branch) owned by it has obtained a baptism of 25,000 square meters of concrete supply to Tamimi Global Co Ltd. for its supply of the Murcia Housing Project of the National Housing Company
Date of Announcement of the Award 2020-07-29 Corresponding to 1441-12-08
Contract Subject Matter Supply of 25,000 cubic meters of ready-mix concrete for the Murcia Housing Project of the National Housing Company
Date of Signing the Contract 2020-07-29 Corresponding to 1441-12-08
Contract Value 5,249,750 SR
Contract Details Supplying 25,000 meters of ready-mixed concrete (regular and reinforced) according to the approved specifications of the Murcia Housing project
Contract Duration The delivery period is 90 days
Financial Impact and the Relevant Period The financial impact will be shown on the company’s results during the fourth quarter of 2020
Related Parties There is no
Additional Information It is worth noting that the Murcia project is one of the projects of the National Housing Company, and Alian Industry Company (one of the subsidiaries and owned by Al Kathiri Holding Company that works in the field of producing and supplying ready-mixed concrete) has obtained the The Approval for concrete mixes from the project consultant (Khatib and Alami).


Announcement Detail Referring to the company’s previous announcements regarding its intention to set up a factory with Italian technology for the production of reinforced polystyrene sheets reinforced with iron and concrete, Alkathiri Holding Company would like to clarify to its shareholders about the commencement of the civil work for the establishment of Alian Factory for Industry in Sudair city for industry and business. Finishing and delivery note that the cost of carrying out the required works is (10,150,000 SR). These works are expected to be completed according to the previously announced plan during the third quarter of 2020.



Introduction In response to the Ministry of Housing (Motivating Building Technology) and the National Industrial Development and Logistics Program, which aims to provide the best housing solutions for home ownership and reduce the cost of construction, in addition to the speed of implementation with high quality, in order to create suitable jobs for citizens in the construction sector , Alian Industrial Company, which is wholly owned by Alkathiri Holding Company, has received the initial approval (letter of commitment) from Saudi Industrial Development Fund to finance the establishment of a factory working in Italian technology for the production of reinforced polystyrene sheets reinforced with iron and concrete as per the following:
Date of receiving Credit Facility 2019-06-17 Corresponding to 1440-10-14
Creditor Saudi Industrial Development Fund
Credit Facility value 23,200,000 SR
Credit Facility duration The loan will be repaid in 12 semi-annual installments, starting from 15/10/1443H over a period of seven years
Guarantees provided for credit facility Mortgage on all the fixed assets of the project and corporate guarantee from Alkathiri holding co
Reason for Credit Facility finance the establishment of a factory working in Italian technology for the production of reinforced polystyrene sheets reinforced with iron and concrete
Related Parties No related parties on this agreement
Additional Information Estimated cost: SR 32,160,000.SR 

Project financing: 75% through the Industrial Fund, 25% self-financing from the company.

Production capacity and sales: The total production capacity at 100% of the actual operation of the plant amounts to (1,300.000) one million and three hundred thousand square meters per year at the rate of 1000 housing units annually. This percentage will be achieved gradually during the three years following the first operational year with an estimated average sale of 60,000,000 SR in the third year, The selling capacity of the first year with an average sale of SR 30,000,000 is 30 million riyals with a rate of operation of 50% of the total production capacity of the factory .

Manufacturing technique used: Polystyrene sheets supported by iron and concrete.

Manufacturing mechanism and technology: The technique of producing three-dimensional concrete slabs.

Expected date of establishment of the plant and the beginning of production: the first half of 2020.

Area of the factory: It will be built on a land area of 12,308 square meters and obtained from the Industrial Cities Authority (cities) with a rental value of 25 thousand riyals annually.

Financial impact: to be determined later.

It is worth to mention that the technology of producing the three-dimensional concrete panels is very developed and sophisticated. Also, it is an alternative for traditional construction methods with a cost and time savings of 30% from the traditional way and process of construction.

In addition of its flexibility in the enforcement modern architectural designs, which can be used in various areas of residential units, commercial buildings, as they achieve the highest standards of efficiency in acoustic and thermal insulation, knowing that this Italian technique is used in all countries of the European Union and the United States of America.

Alkathiri Holding also wants to clarify to its shareholders that any further developments related to the establishment of the new plant will be announced.


Announcement Detail Following the announcement of Al Kathiri Holding Co.about the signing of a non-binding Memorandum of Understanding (MOU) with Italian company EMMEDUE ( M 

2 ), specialized in the field of modern construction technology, on 28/02/2019, Where the subject of the memorandum of understanding (agreement on the transfer of technology for the production of concrete panels three-dimensional)

Al Kathiri Holding Co. wishes to announce to its shareholders that its subsidiary Alian Industry Co obtained the technical report issued by the technical committee specialized in the study of building techniques at the Ministry of Housing. He acknowledged that there is no objection to using this technology in the projects of the Ministry of Housing.


Introduction Al kathiri Holding Co. would like to announce to its shareholders that one of its subsidiary companies – Alian Industry Co – has signed a non-binding memorandum of understanding with EMMEDUE ( M 2 ) (An Italian company specializing in modern construction technology)
Signing date of the memorandum 2019-02-27 Corresponding to 1440-06-22
Signed party EMMEDUE ( M 2 ) (Italian company working in the field of modern construction technology)
Memorandum Subject Agreement on the transfer of the technology of the production of concrete panels three-dimensional by buying the machinery and equipment for the process of manufacturing and transfer of expertise and the processing and training of employees and employees of the company on the mechanism of manufacturing and construction
Memorandum Duration 6 months from the date of signing the Memorandum
Related Parties There are no related parties
Financial Impact The financial impact will be announced later
Additional Information Emmedue ( M 2 ) is an Italian company , based in Fano ( Pesaro-Urbino ) , that has developed and commercialized in the last 35 years the Emmedue Advanced Building System throughout the world.

It is a world-class building technology that is unique to traditional construction methods, saving cost and time spent in construction, flexibility in applying modern architectural designs, and achieving the highest standards of acoustic and thermal insulation.

This cooperation comes in the interest of Alkathiri Holding Company to search for the best and most modern methods of construction, which provides more time and cost for the construction of modern and modern buildings of high quality – will be taken approvals for the adoption of this technology.

About us

Alian Industry Company

Saudi closed joint-stock company based in Riyadh specialized in the field of manufacture and production of ready-mix concrete and Emmedue building Panels.



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