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City Cement Co.

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Namestring
City Cement Co.
Legal namestring
City Cement Company (شركة أسمنت المدينة)
Websiteurl
citycement.sa
Company typeenum
Public
Founded yearint
2005
Descriptiontext

City Cement Company (شركة أسمنت المدينة) is a Saudi Arabian public joint-stock cement manufacturer founded in 2005 and listed on the Saudi Exchange (Tadawul) under ticker 3003, headquartered in Riyadh with production operations in Marat. The company operates two rotary-kiln production lines with a combined capacity of approximately 10,500 MT per day (Line 1 at 5,000 MT/day since 2007; Line 2 at 5,500 MT/day since 2015), and sells three core cement products: Ordinary Portland Cement (OPC, SASO GSO 1914 Type I / ASTM C150 Type I), Sulphate Resistant Cement (SRC, Type V) for infrastructure exposed to sulfates, and a lower-carbon Green Finishing Cement introduced in 2022.

The business model is a direct-sales commodity hardware model: City Cement sells cement directly to more than 260 enterprise customers across 35+ destinations in Saudi Arabia within an 800+ KM radius of the Marat plant, serving ready-mix concrete producers, prefabricated block manufacturers, finishing contractors, and large-scale construction and infrastructure projects. Pricing is not publicly disclosed and is structured around volume, delivery location, and contract terms. Revenue is supplemented by cost-side efficiencies from a Waste Heat Recovery system generating up to 16 MW of clean energy and a leading alternative-fuels substitution program anchored by the first integrated Refuse Derived Fuel (RDF) facility in the Kingdom.

The company's strategic positioning centers on environmental differentiation in a competitive commodity market: it is the first cement company in Saudi Arabia to obtain Environmental Product Declaration (EPD) certification, holds ISO 9001/14001/45001/50001 certifications, ranks 1st in Saudi Arabia and 7th globally in the SIRI-based Future Factories Program for Industry 4.0 readiness, and has built a circular-economy extension through subsidiary Green Solutions Company and the Innovative Alternatives for Environmental Services joint venture with Tadweer and SIRC (PIF-affiliated). FY2025 profit was reported at SAR 128.9 million, with 101-250 employees and no disclosed parent company.

Short descriptiontext

City Cement Co. is a Saudi-listed cement manufacturer (Tadawul: 3003) operating two production lines in Marat with ~10,500 MT/day capacity, selling OPC, Sulphate Resistant Cement, and Green Finishing Cement to 260+ direct construction-industry customers across Saudi Arabia.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersRiyadh, Saudi Arabia
HQ citystring
Riyadh
HQ countrystring
Saudi Arabia
HQ regionstring
Middle East
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
cement manufacturing, Portland cement products, sustainable construction materials, ready-mix cement supply, alternative fuel cement
Industry3 codes
1Cement Manufacturing (Portland, Blended & Specialty)
CodeIMADAAAGPrimaryYes
2Cementitious Binders & Additives (Fly Ash, Slag, Silica Fume, Lime)
CodeIMADAAAHPrimaryNo
3Mortar, Grout & Masonry Cements
CodeIMADABALPrimaryNo
NAICS code2 codes
  • Cement Manufacturing327310
  • Cement Manufacturing32731
SIC code1 code
  • Cement, Hydraulic3241
Product category
Cement Manufacturing
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Cement Products Sales
TypeHardware Sales
Description

City Cement generates revenue through the manufacture and sale of cement products including Ordinary Portland Cement (OPC), Sulphate Resistant Cement (SRC), and Green Finishing Cement. The company serves construction markets through direct sales to over 260 customers across Saudi Arabia.

tradingview.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Operations, Supply Chain, Infrastructure, Personnel, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

City Cement Co. manufactures and sells three core cement products — Ordinary Portland Cement (OPC), Sulphate Resistant Cement (SRC) and Green Finishing Cement — for construction, infrastructure and finishing applications. Production runs on two rotary kiln lines totaling 10,500 MT/day in Marat, Saudi Arabia, supported by waste heat recovery (up to 16 MW) and the Kingdom's first integrated Refuse Derived Fuel facility. Products serve ready-mix concrete producers, prefabricated block makers, contractors and large-scale construction projects domestically.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Clean energy generation of up to 16 megawatts from waste heat recovery
+3 more records
Product overview1 text field

City Cement Co. is a leading cement manufacturer offering three main cement products: Ordinary Portland Cement (OPC), Sulphate Resistance Cement (SRC), and Green Finishing Cement. The company operates two production lines with combined capacity of 10,500 MT per day and distributes across 35+ destinations in Saudi Arabia. The product portfolio serves various construction applications including general building, reinforced concrete, marine structures, dams, and sustainable construction projects.

Product and service3 records
1Ordinary Portland Cement (OPC)
CategoryCement Products
Description

Portland cement produced by heating limestone, clay and other materials in rotary kilns at 1500°C. Suitable for general construction, modern architecture, reinforced concrete, repair, maintenance and restoration works. Complies with SASO GSO 1914 Type I and ASTM C150 Type I standards. Sold as a core bulk/bagged cement product to construction companies and ready-mix producers.

2Sulphate Resistant Cement (SRC)
CategoryCement Products
Description

Cement characterized by low Tri-Calcium Aluminate (C3A) content that chemically reacts with sulfate ions in soil, cement structures and foundations. Complies with SASO GSO 1914 Type V and ASTM C150 Type V standards. Suitable for dams, coastal ports, platforms and wastewater treatment plants. Sold as a core cement product to infrastructure developers and engineering contractors.

3Green Finishing Cement
CategoryGreen Cement Products
Description

Environmentally friendly cement produced using industrial cement byproducts to lower carbon emissions and reduce natural resource consumption. Characterized by lighter color, robustness in aggressive conditions, sulfate resistance, lower heat of hydration and high workability. Complies with ASTM C595 IT standard. Sold as a sustainable cement product for finishing, plastering and tiling applications by construction companies and contractors.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Tadweer Company for Environmental Services partnered with City Cement (through subsidiary Green Solutions Company) to establish 'Innovative Alternatives for Environmental Services Company' focused on waste management and environmental solutions contributing to circular economy initiatives.

2Saudi Investment and Recycling Company (SIRC)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

SIRC, one of the Public Investment Fund companies, partnered with City Cement's subsidiary Green Solutions Company to establish the Innovative Alternatives for Environmental Services Company as part of circular economy initiatives.

citycement.sa
Strategic tierMinorTypeStrategic or Co-development Partner
Description

City Cement has conducted experiments with Saudi Aramco to study the use of different types of industrial waste and find innovative environmental solutions for waste treatment.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

City Cement has conducted experiments with SABIC to study the use of different types of industrial waste and find innovative environmental solutions for waste treatment.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

City Cement works with elite group of specialized consulting bodies and technical competencies in the industrial sector to achieve high global rates in alternative fuel substitution and environmental compliance.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Global cement and aggregates leader with operations across multiple regions. Comparable as a major cement manufacturer investing in low-carbon cement, alternative fuels, and circular construction materials at global scale.

TypeDirect peer
Description

Saudi-listed cement manufacturer with regional production facilities. Direct competitor in the Saudi cement market serving construction and infrastructure customers with comparable cement products.

TypeDirect peer
Description

Major Saudi cement producer listed on Tadawul. Comparable to City Cement in operating multiple cement production lines and serving Saudi construction markets with similar product portfolio.

TypeDirect peer
Description

Saudi cement producer that City Cement recently evaluated for acquisition. Direct peer in domestic cement manufacturing with overlapping customer base and product offerings in the Saudi market.

TypeDirect peer
Description

Saudi-listed cement manufacturer with multiple production lines. Comparable to City Cement in producing OPC, SRC, and other cement types for the Saudi construction sector.

TypeDirect peer
Description

One of the largest cement producers in Saudi Arabia, listed on Tadawul. Directly comparable as a domestic cement manufacturer serving construction and infrastructure markets with overlapping customer segments and product lines.

TypeDirect peer
Description

Saudi-listed cement producer operating multiple production lines. Directly comparable as a domestic cement manufacturer with similar product portfolio (OPC, SRC) serving Saudi construction markets.

TypeDirect peer
Description

Major Saudi cement manufacturer listed on Tadawul. Competes with City Cement in supplying cement for Saudi construction and infrastructure projects with similar production capacity and customer base.

TypeDirect peer
Description

Saudi cement producer listed on Tadawul. Direct peer in manufacturing and distributing cement products to Saudi construction and infrastructure customers with overlapping product mix.

TypeDirect peer
Description

Saudi-based cement manufacturer listed on Tadawul. Competes in the same domestic cement market with similar production capabilities and product offerings targeting construction and infrastructure.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance5 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

City Cement Co.

Cement Manufacturingcitycement.sa

City Cement Co. is a Saudi-listed cement manufacturer (Tadawul: 3003) operating two production lines in Marat with ~10,500 MT/day capacity, selling OPC, Sulphate Resistant Cement, and Green Finishing Cement to 260+ direct construction-industry customers across Saudi Arabia.

What City Cement Co. does

City Cement Company (شركة أسمنت المدينة) is a Saudi Arabian public joint-stock cement manufacturer founded in 2005 and listed on the Saudi Exchange (Tadawul) under ticker 3003, headquartered in Riyadh with production operations in Marat. The company operates two rotary-kiln production lines with a combined capacity of approximately 10,500 MT per day (Line 1 at 5,000 MT/day since 2007; Line 2 at 5,500 MT/day since 2015), and sells three core cement products: Ordinary Portland Cement (OPC, SASO GSO 1914 Type I / ASTM C150 Type I), Sulphate Resistant Cement (SRC, Type V) for infrastructure exposed to sulfates, and a lower-carbon Green Finishing Cement introduced in 2022.

The business model is a direct-sales commodity hardware model: City Cement sells cement directly to more than 260 enterprise customers across 35+ destinations in Saudi Arabia within an 800+ KM radius of the Marat plant, serving ready-mix concrete producers, prefabricated block manufacturers, finishing contractors, and large-scale construction and infrastructure projects. Pricing is not publicly disclosed and is structured around volume, delivery location, and contract terms. Revenue is supplemented by cost-side efficiencies from a Waste Heat Recovery system generating up to 16 MW of clean energy and a leading alternative-fuels substitution program anchored by the first integrated Refuse Derived Fuel (RDF) facility in the Kingdom.

The company's strategic positioning centers on environmental differentiation in a competitive commodity market: it is the first cement company in Saudi Arabia to obtain Environmental Product Declaration (EPD) certification, holds ISO 9001/14001/45001/50001 certifications, ranks 1st in Saudi Arabia and 7th globally in the SIRI-based Future Factories Program for Industry 4.0 readiness, and has built a circular-economy extension through subsidiary Green Solutions Company and the Innovative Alternatives for Environmental Services joint venture with Tadweer and SIRC (PIF-affiliated). FY2025 profit was reported at SAR 128.9 million, with 101-250 employees and no disclosed parent company.

City Cement Co. firmographics

Firmographics
Name
City Cement Co.
Legal name
City Cement Company (شركة أسمنت المدينة)
Website
https://citycement.sa
Company type
Public
Founded year
2005
Operating status
Operating
Headcount range
101–250 employees
Short description
City Cement Co. is a Saudi-listed cement manufacturer (Tadawul: 3003) operating two production lines in Marat with ~10,500 MT/day capacity, selling OPC, Sulphate Resistant Cement, and Green Finishing Cement to 260+ direct construction-industry customers across Saudi Arabia.
Ownership category
akta.pro rank

City Cement Co. industry classification

Industry
Product category
Cement Manufacturing
NAICS
Cement Manufacturing (327310), Cement Manufacturing (32731)
SIC
Cement, Hydraulic (3241)
akta.pro primary industry
Cement Manufacturing (Portland, Blended & Specialty) (IMADAAAG)
akta.pro secondary industries
Cementitious Binders & Additives (Fly Ash, Slag, Silica Fume, Lime) (IMADAAAH), Mortar, Grout & Masonry Cements (IMADABAL)

Keywords

  • Cement manufacturing
  • Portland cement products
  • Sustainable construction materials
  • Ready-mix cement supply
  • Alternative fuel cement

Where City Cement Co. is headquartered

Location

Headquarters

HQ city
Riyadh
HQ country
Saudi Arabia
HQ region
Middle East

Offices2 records

Markets served

City Cement Co. business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Operations, Supply Chain, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

  1. Cement Products Sales: City Cement generates revenue through the manufacture and sale of cement products including Ordinary Portland Cement (OPC), Sulphate Resistant Cement (SRC), and Green Finishing Cement. The company serves construction markets through direct sales to over 260 customers across Saudi Arabia.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

City Cement Co. product offering

Product offering

Core offering

City Cement Co. manufactures and sells three core cement products — Ordinary Portland Cement (OPC), Sulphate Resistant Cement (SRC) and Green Finishing Cement — for construction, infrastructure and finishing applications. Production runs on two rotary kiln lines totaling 10,500 MT/day in Marat, Saudi Arabia, supported by waste heat recovery (up to 16 MW) and the Kingdom's first integrated Refuse Derived Fuel facility. Products serve ready-mix concrete producers, prefabricated block makers, contractors and large-scale construction projects domestically.

Product overview

City Cement Co. is a leading cement manufacturer offering three main cement products: Ordinary Portland Cement (OPC), Sulphate Resistance Cement (SRC), and Green Finishing Cement. The company operates two production lines with combined capacity of 10,500 MT per day and distributes across 35+ destinations in Saudi Arabia. The product portfolio serves various construction applications including general building, reinforced concrete, marine structures, dams, and sustainable construction projects.

Differentiator

Problem solved

Functional benefit

Products and services

  • Ordinary Portland Cement (OPC) Portland cement produced by heating limestone, clay and other materials in rotary kilns at 1500°C. Suitable for general construction, modern architecture, reinforced concrete, repair, maintenance and restoration works. Complies with SASO GSO 1914 Type I and ASTM C150 Type I standards. Sold as a core bulk/bagged cement product to construction companies and ready-mix producers.
  • Sulphate Resistant Cement (SRC) Cement characterized by low Tri-Calcium Aluminate (C3A) content that chemically reacts with sulfate ions in soil, cement structures and foundations. Complies with SASO GSO 1914 Type V and ASTM C150 Type V standards. Suitable for dams, coastal ports, platforms and wastewater treatment plants. Sold as a core cement product to infrastructure developers and engineering contractors.
  • Green Finishing Cement Environmentally friendly cement produced using industrial cement byproducts to lower carbon emissions and reduce natural resource consumption. Characterized by lighter color, robustness in aggressive conditions, sulfate resistance, lower heat of hydration and high workability. Complies with ASTM C595 IT standard. Sold as a sustainable cement product for finishing, plastering and tiling applications by construction companies and contractors.

Quantifiable outcome

  • Clean energy generation of up to 16 megawatts from waste heat recovery
  • +3 more outcomes

Companies that use City Cement Co.

Customer profile

Named customers2 records

Segments4 records

Ideal customer profiles3 records

City Cement Co. technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature8 records

City Cement Co. partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

  • Tadweer Company for Environmental ServicescoreStrategic or Co-development PartnerTadweer Company for Environmental Services partnered with City Cement (through subsidiary Green Solutions Company) to establish 'Innovative Alternatives for Environmental Services Company' focused on waste management and environmental solutions contributing to circular economy initiatives.
  • Saudi Investment and Recycling Company (SIRC)coreStrategic or Co-development PartnerSIRC, one of the Public Investment Fund companies, partnered with City Cement's subsidiary Green Solutions Company to establish the Innovative Alternatives for Environmental Services Company as part of circular economy initiatives.
  • Saudi AramcominorStrategic or Co-development PartnerCity Cement has conducted experiments with Saudi Aramco to study the use of different types of industrial waste and find innovative environmental solutions for waste treatment.
  • SABICminorStrategic or Co-development PartnerCity Cement has conducted experiments with SABIC to study the use of different types of industrial waste and find innovative environmental solutions for waste treatment.
  • Specialized Consulting BodiesminorStrategic or Co-development PartnerCity Cement works with elite group of specialized consulting bodies and technical competencies in the industrial sector to achieve high global rates in alternative fuel substitution and environmental compliance.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

City Cement Co. competitors and assessment

Company assessment

Broad incumbents

  • Holcim: Global cement and aggregates leader with operations across multiple regions. Comparable as a major cement manufacturer investing in low-carbon cement, alternative fuels, and circular construction materials at global scale.

Direct peers

  • Tabuk Cement Company: Saudi-listed cement manufacturer with regional production facilities. Direct competitor in the Saudi cement market serving construction and infrastructure customers with comparable cement products.
  • Southern Province Cement Company: Major Saudi cement producer listed on Tadawul. Comparable to City Cement in operating multiple cement production lines and serving Saudi construction markets with similar product portfolio.
  • Umm Al-Qura Cement Company: Saudi cement producer that City Cement recently evaluated for acquisition. Direct peer in domestic cement manufacturing with overlapping customer base and product offerings in the Saudi market.
  • Qassim Cement Company: Saudi-listed cement manufacturer with multiple production lines. Comparable to City Cement in producing OPC, SRC, and other cement types for the Saudi construction sector.
  • Saudi Cement Company: One of the largest cement producers in Saudi Arabia, listed on Tadawul. Directly comparable as a domestic cement manufacturer serving construction and infrastructure markets with overlapping customer segments and product lines.
  • Yanbu Cement Company: Saudi-listed cement producer operating multiple production lines. Directly comparable as a domestic cement manufacturer with similar product portfolio (OPC, SRC) serving Saudi construction markets.
  • Yamama Cement Company: Major Saudi cement manufacturer listed on Tadawul. Competes with City Cement in supplying cement for Saudi construction and infrastructure projects with similar production capacity and customer base.
  • Arabian Cement Company (Saudi Arabia): Saudi cement producer listed on Tadawul. Direct peer in manufacturing and distributing cement products to Saudi construction and infrastructure customers with overlapping product mix.
  • Najran Cement Company: Saudi-based cement manufacturer listed on Tadawul. Competes in the same domestic cement market with similar production capabilities and product offerings targeting construction and infrastructure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

City Cement Co. social profiles

Digital presence

City Cement Co. compliance and trust

Trust signal

Compliance5 records

City Cement Co. financial estimates

Financial estimate

Revenue estimate

Valuation estimate

City Cement Co. leadership team

Management profile

Number of profiles

Profiles7 records

City Cement Co. subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

City Cement Co. funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

City Cement Co. M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about City Cement Co.

What does City Cement Co. do?

City Cement Co. manufactures and sells three core cement products — Ordinary Portland Cement (OPC), Sulphate Resistant Cement (SRC) and Green Finishing Cement — for construction, infrastructure and finishing applications. Production runs on two rotary kiln lines totaling 10,500 MT/day in Marat, Saudi Arabia, supported by waste heat recovery (up to 16 MW) and the Kingdom's first integrated Refuse Derived Fuel facility. Products serve ready-mix concrete producers, prefabricated block makers, contractors and large-scale construction projects domestically.

Is City Cement Co. a public or private company?

City Cement Co. is a public company. It is classified as public and is currently operating.

When was City Cement Co. founded?

City Cement Co. was founded in 2005. It employs 101 to 250 people.

Where is City Cement Co. based?

City Cement Co. is headquartered in Riyadh, Saudi Arabia, in the Middle East region.

How does City Cement Co. make money?

One revenue line is on record: cement Products Sales.

Who are City Cement Co.'s main competitors?

Holcim is listed as a broad incumbent. Direct peers are Tabuk Cement Company, Southern Province Cement Company, Umm Al-Qura Cement Company, Qassim Cement Company, Saudi Cement Company, Yanbu Cement Company, Yamama Cement Company, Arabian Cement Company (Saudi Arabia) and Najran Cement Company.

Does City Cement Co. have an API?

No public API is recorded for City Cement Co..

What industry is City Cement Co. in?

City Cement Co.'s product category is Cement Manufacturing. Its primary akta.pro industry code is IMADAAAG, Cement Manufacturing (Portland, Blended & Specialty), with a secondary code of IMADAAAH, Cementitious Binders & Additives (Fly Ash, Slag, Silica Fume, Lime). Its NAICS code is 327310 and its SIC code is 3241.

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Live signals
SahmcapitalCity Cement Updates Subsidiaries' Operations, Eyes SAR 452M InvestmentsCity Cement Company announced updates regarding its subsidiaries, including advancements in waste management operations and the initiation of mining activities as part of its strategy to diversify revenue streams. The company plans to invest approximately SAR 452 million in various projects, including a 29.4% stake in a joint venture for a waste recovery facility targeted for trial operations in 2028. These initiatives support Saudi Vision 2030's objectives related to sustainability and carbon footprint reduction.ArgaamCity Cement provides updates on subsidiaries, strategic investmentsCity Cement Co. provided updates on the operational and strategic progress of its subsidiaries, including Green Solutions for Environmental Services Co., Innovative Alternatives for Environmental Services Co., and Nizak Mining Co. The company also announced a joint venture with Next Generation SCM utilizing Denmark-based CemGreen's technology to produce supplementary materials for the cement industry, with trial operations expected by mid-2027.ArgaamTASI: 3 stocks fall to lowest since debutShares of three Tadawul-listed companies—Miahona, City Cement, and Al Arabia—fell to their lowest levels since their debut on August 16. The declines represented significant year-to-date losses ranging from 25% to 56% compared to their initial listing prices. This data highlights the current market performance of these specific entities within the Saudi stock exchange.Simply Wall StWhy It Might Not Make Sense To Buy City Cement Company (TADAWUL:3003) For Its Upcoming DividendCity Cement Company is approaching its ex-dividend date on August 16, 2023, after which new buyers may not receive the upcoming dividend of ر.س0.40 per share, payable on September 3. The company has displayed concerning trends, paying out 150% of its profits and 115% of its free cash flow as dividends, raising sustainability concerns. Earnings have also seen an 8.9% decline annually over the past five years, suggesting potential future dividend cuts.ArgaamCity Cement board declares 4% cash dividend for H1 2026City Cement Co.'s board declared a cash dividend of 4% of capital (SAR 0.4 per share) for H1 2026, totaling SAR 56 million to be financed from retained earnings. The record date is August 13, 2026, with payment scheduled for September 3, 2026. Historical dividend data shows consistent payouts ranging from SAR 0.40 to SAR 0.75 per share over the past several periods.AInvestCity Cement to pay 0.4 riyal/share dividend for 1HCity Cement announced it will pay a cash dividend of 0.4 riyal per share for the first half of 2026. The dividend payment represents a shareholder return event for the period ending June 30, 2026. No forward-looking guidance or additional financial details were provided in the brief announcement.SahmcapitalCity Cement Reports SAR 44.77M Net Profit in the Six Months 2026City Cement Co. reported a net profit of SAR 44.77 million for the six months ended June 30, 2026, representing a 49.075% decline year-on-year from SAR 87.92 million in the same period of the prior year. Revenue fell 21.885% to SAR 225.56 million due to decreases in both sales volume and average selling price, while elevated fuel prices significantly compressed gross profit margins by 44.825% year-on-year. The external auditor issued an unmodified conclusion with no material risks flagged.SahmcapitalCity Cement Shareholders Approve New Board Member AppointmentCity Cement Company held its Ordinary General Assembly Meeting on August 3, 2026, at its headquarters in Riyadh, Saudi Arabia, with 27.05% shareholder attendance. The shareholders approved the appointment of Mr. Abdulaziz bin Abdulatif Al-Dulaijan to a newly created seat on the Board of Directors, effective immediately, with 91.51% of votes in favor, to serve until the current board term ends on June 18, 2029.ArgaamCity Cement, Saleh Al Rashed hit all-time lowsTwo TASI-listed companies, City Cement and Saleh Al Rashed, hit their lowest stock prices since listing on August 2, 2026, according to data compiled by Argaam. City Cement's price fell to 10.06 SAR, representing a 40% year-to-date decline since its September 2012 listing, while Saleh Al Rashed dropped to 39.3 SAR, down 13% from its March 2026 listing price. The article notes these figures represent the lowest prices during the session, though not necessarily the closing trading prices.SahmcapitalCity Cement Corrects Auditor Appointment Details SAR 480,000City Cement Co. issued a correction announcement on June 29, 2026, regarding the appointment of external auditors at its Extraordinary General Assembly Meeting. Dr. Mohammed Al-Amri & Partners Office – BDO was selected based on the Audit Committee's recommendation to examine, review, and audit the second and third quarters of 2026, the year-end of 2026, and the first quarter of fiscal year 2027, with audit fees set at SAR 480,000.