The National Company for Glass Industries (Zoujaj) signed on Sunday a memorandum of understanding (MoU) with Al Zamil Group Holding Co. to acquire its ten percent stake in Guardian Zoujaj International Float Glass (Guardian RAK), a float glass manufacturing plant in the United Arab Emirates.

 

Zoujaj also inked an agreement with and Eastern Industrial Investment Co. to buy an additional ten percent stake in Saudi Guardian International Float Glass Co. (GulfGuard), the Saudi listed firm said in a statement to Tadawul.

 

The MoUs will remain valid for six months and a financial advisor will be appointed to facilitate the negotiations. Any finalized deals must be approved by relevant authorities before transactions are made.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request