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20 Sep
15:16

Saudi re-roller appoints new ceo

United Wire Factories Co. (Aslak) has appointed Nabil Al-Amir as its new chief executive effective 16 October following the resignation of Abdulkarim Al-Shamikh for personal reasons. In the first half of 2018 the Saudi Arabian company grew net sales 4% on-year to SAR 291 million ($77.6m), while net profit increased 83% to SAR 15m (see Kallanish passim). This represented an improvement on the first quarter when Aslak recorded flat sale…
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