The Saudi Industrial Exports Company (SIEC) announces the signing of a Memorandum of Understanding with Engaz Al Ittihad Mining Company

The Saudi Industrial Exports Company (SIEC) announces the signing of a Memorandum of Understanding with Engaz Al Ittihad Mining Company on Sunday 25/8/1438 AH corresponding to 21-5-2017 regarding the investment in the operation of the silica mine with an area of 15 km2 located in the northern region of Taima under the license Issued by the Ministry of Petroleum and Mineral Resources No. 2956 dated 15/4/1437 H. The memo includes the extraction of raw material (silica) and the search for promising opportunities in the manufacturing industries. Accordingly, this memorandum shall enter into force on the date of signing it for a period of three months, There are related parties