SIEC to close its branch in Jordan

Riyadh – Mubasher: The Saudi Industrial Exports Company (SIEC) will close its branch in Jordan due to its weak financial performance and to reduce the general and administrative expenses.

The financial impact will be disclosed at the end of 2021, if any, SIEC said in a statement to the Saudi bourse on Monday.

The decision was approved by the company’s board of directors on Sunday, 7 March 2021.

 

Mubasher Contribution Time: 08-Mar-2021 07:44 (GMT)
Mubasher Last Update Time: 08-Mar-2021 07:47 (GMT)