Profile: SCIDC | Sharjah Cement & Industrial Development Co.

ABU DHABI SECURITIES EXCHANGE (ADX)Trading Hours: Sun - Thu 10:00 am-2:00 pm

Sharjah Cement & Industrial Development Co. SCIDC
SCIDC 0.00%
Industrial 0.00%
ADI 0.00%
Last Value
% Change
Price in AED Last Update : 20 Sep 2017 10:15 am (local time)


Corporate Details
Symbol SCIDC
Exchange Abu Dhabi
Sector Industrial
Auditors Ernst & Young
Company Description

Sharjah Cement and Industrial Development Company (SCIDC) manufactures and sells cement, paper sacks, and plastic products in the UAE. The company invests its surplus funds in securities, private equities and properties.

Company Activities

The company has three subsidiaries: Sharjah Cement Factory produces Portland cement, Moderate Sulfate - Resisting Portland Cement, Sulfate - Resisting Portland Cement, Ground Granulated Blastfurnace Slag. Paper Sacks Factory is the leading manufacturer of multiwall, glued / pasted valve type empty paper sacks in the Middle East for the packaging of cement, fertilizer, chemicals, sugar, minerals etc. Gulf Rope and Plastic Products L.L.C. manufactures synthetic ropes and baler twine in the Gulf. It manufactures synthetic rope under the brand name Falcon. About 45% of the product is being exported to more than 25 countries around the world in Middle East, Europe and Africa.

Equity Profile
Date Established May 12, 1976
Listing Date Jul 27, 2005
Paid-up Capital (AED) 552,957,952
Outstanding Shares 502,689,047
Shares Per Value 1
Contact Information

Al Hisn Tower, 14th Floor, Bank Street, PO Box: 2083, Sharjah

+971 6 5695666

+971 6 5683171



Company History

SCIDC was incorporated in Sharjah in 1977 under an Emiri Decree issued by The Ruler of Sharjah and is registered under the Commercial Companies Law No. 8 of 1984 (as amended) as a Public Shareholding Company

Board Members & Senior Management
Mr. Ahmed Abdullah Al Noman Chairman
Mr. Mohammed Abdulla Al Khayyal Vice Chairman
Mr. Abdulaziz Ibrahim Al Faris Board of Directors
Mr. Abdulazizz Al Sugabi Board of Directors
Mr. Jasim Mohamed Abdullah Al khayaal Board of Directors
Mr. Mohamed Abdulazizz Ibrahim Al Fares Board of Directors
Mr. Obaid Ahmed Al Tunaiji Board of Directors
Mr. Obaid Rashed Al Shamsi Board of Directors
Mr. Othman Mohammed Sharif Board of Directors
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