Zamil Industrial has announced that its line of air conditioners, the Air Cooled Screw Water Chillers, has won the Underwriters Laboratories (UL) Safety Standards Organization certification.
The achieved American Underwriters Laboratories
3Com Corporation said has won a major contract to provide Zamil Industrial Investment Company (Zamil Industrial) with a complete core-to-edge network infrastructure that will cost-effectively support its rapidly growing business.
Zamil Industrial, a leading manufacturing and fabrication group, convened its general assembly yesterday (March 31) where the shareholders approved a 15 per cent distribution of profits at SR1.5 ($0.40) per share.
The session was held to d
Saudi-based Zamil Industrial said its net profit for the first nine months ending September 30, 2008, rose 27 per cent to SR205.1 million ($54.7 million) when compared to SR161.3 million ($43 million) during the same period last year.
Zamil Industrial said its net profit during the first half of the year increased 20.2 per cent to SR123.4 million ($32.9 million) when compared to SR102.7 million ($27.4 million) in the same period last year.
Announcing the company's inte
Zamil Industrial has signed a joint venture agreement with Rabiah and Nassar Group under which Zamil will acquire a 50 per cent stake in Rabiah and Nassar Precast Concrete factory (Ranco Precast), based in Riyadh.
The total investment valu
Zamil Industrial’s profits after zakat increased 7.8 per cent to SR206.5 million ($55.1 million) in 2007, compared to SR191.7 million ($51.1 million) in 2006.
Net profits for 2006 included non-operational profits from the sale of investmen
Saudi-based conglomerate Zamil Industrial chose Gulf Industry Fair 2008 to launch its new brand image in Bahrain.
"Bahrain is our most strategic market and our first export market so it very important to us," said Zamil Industrial Investme
Zamil Air Conditioners, a sector business of Zamil Industrial, has been honoured with the ‘Award of Distinction’ for its Saudisation programme designed to create employment opportunities for Saudi nationals.
The award was presented at the
Khalid Al Zamil, managing director of Zamil Industrial and previously president of Zamil Steel, reflects on the past 30 years and the vision of the founders when the company was established.
“When we started 30 years ago, we were all youn