Wedoany.com Report-Nov. 18, Saudi-based Al Jouf Cement Co has signed a SAR24.19 million (US$6.4 million) contract to export cement and clinker to Syria. Announced on 16 November 2025, the deal represents over nine per cent of the company’s latest audited total revenues.

The buyer is Abdul-Ilah Bin Abdul-Rahman Al-Hussein & Partner Transport Co. The contract runs from 1 December 2025 to 30 November 2026, with financial effects expected to be reflected in Al Jouf’s accounts from 4Q25 through 4Q26. The company confirmed no related parties are involved in the transaction.

This contract continues a trend of Saudi cement producers targeting Syria’s post-conflict reconstruction demand. Earlier in January 2025, Al Jouf signed a SAR38 million export agreement with Mohammed Shahi Al-Ruwaili Contracting for shipments to Syria. Industry observers note that Syria’s cement consumption remains under-supplied, creating opportunities for regional exporters.

Al Jouf highlighted the strategic importance of the new contract, especially following its recent report of widened losses. Management expects the export agreement to improve plant utilisation and diversify revenue streams, helping mitigate domestic margin pressures caused by rising fuel and raw-material costs.

The company’s approach reflects broader Gulf industry efforts to support reconstruction in neighbouring markets while strengthening financial performance. By expanding export activity, Al Jouf aims to stabilise revenues, enhance capacity utilisation, and maintain competitiveness amid challenging domestic operating conditions.

Overall, the deal with Abdul-Ilah Bin Abdul-Rahman Al-Hussein & Partner Transport Co positions Al Jouf to capitalise on regional demand for cement and clinker, contributing to both operational growth and revenue resilience over the 12-month contract period.