Riyadh Cables Group Co. — Capital/Financing Update 2026

Jan 15, 2026

Riyadh Cables Group Company Announces an update on Riyadh Cables Group Company announces signing a Memorandum of Understanding with Syrian Sovereign Fund

4142 · 15/01/2026 08:00:54 · Announcement #92645 · View on Saudi Exchange

Riyadh Cables Group Company Announces an update on Riyadh Cables Group Company announces signing a Memorandum of Understanding with Syrian Sovereign Fund

Element List	Explanation
Introduction	With reference to the announcement issued by Riyadh Cables Group Company dated 12/05/1447H, corresponding to 03/11/2025G, regarding the signing by its subsidiary (Riyadh Cables Company) of a non-binding Memorandum of Understanding with the Syrian Sovereign Fund, the Company announces the signing of an agreement with the Syrian Sovereign Fund for the management, operation, and development of Syrian Modern Cables Company through its subsidiary (Riyadh Cables Company).
Previous Announcement	Riyadh Cables Group Company announces signing a Memorandum of Understanding with Syrian Sovereign Fund
Date of Previous Announcement on Saudi Exchange’s Website	2025-11-03 Corresponding to 1447-05-12
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	Execution of a management and operations agreement with the Syrian Sovereign Fund, through its subsidiary (Riyadh Cables Company), for the operating and developing of the Syrian Modern Cables Company.
Reasons For The Delay on The Date of The Event Previously Announced	N/A
The costs associated with the event, and if they have changed or not with indication of the reasons.	N/A
Delay consequences on the Company’s financial results	N/A
Additional Information	N/A

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