The Board of Directors of Bina decides not to complete the construction of a factory in Riyadh

Yesterday, the Board of Directors of Bina Steel Industries Company decided not to proceed with the completion of the construction of a factory for the company in the city of Riyadh.

According to the company’s statement on the website "Saudi Arabia trading"This decision comes after reviewing a number of internal considerations and evaluations, and in line with the company’s direction towards directing its resources to investment options that achieve the best possible return for its shareholders, including investing in the land owned by the company in the city of Riyadh in a way that enhances its value and serves the company’s future goals.

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