Profile: SCEM | Sharjah Cement & Industrial Development Company

KUWAIT STOCK EXCHANGE (KSE)Trading Hours: Sun - Thu 9:00 am-12:30 pm

Sharjah Cement & Industrial Development Company SCEM
SCEM 0.00%
Industrials 0.42%
KSE 0.66%
Last Value
% Change
Price in KW Fils Last Update : 02 Aug 2017 11:00 am (local time)


Corporate Details
Symbol SCEM
Exchange Kuwait
Sector Industrials
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. . The Company is also listed on Abu Dhabi Securities Exchange (ADX).

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 Apr 14, 1990
Paid-up Capital (KW Fils) 552,957,951
Outstanding Shares 552,957,951
Shares Per Value 1 (AED)
Contact Information

Al Hisn Tower, 14th Floor, Bank Street, P.O Box 2083, Sharjah, UAE

+971 6569 5666

+971 6568 3171



Company History

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

Board Members & Senior Management
Mr. Ahmad Abdulla Al-Noman Al-Shamsi Chairman
Mr. Mohammad Abdulla Ahmad Al-Khayyal Vice Chairman
Mr. P.J. Batavia CEO
Mr. Obaid Rashid Obaid Ahmad Al-Shamsi Board of Directors
Mr. Abdulaziz Ibrahim Abdulaziz Al-Faris Board of Directors
Mr. Abdulaziz Naser Ibraheem Al-Saqabi Board of Directors
Dr. Obaid Ahmad Saif Al-Taneji Board of Directors
Mr. Othman Mohammad Sharif Zaman Board of Directors
Mr. Jassim Mohammed Abdullah Al-Khayyal Board of Directors
Mr. Mohammad Abdulaziz Ibrahim Al-Faris Board of Directors
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