Qatar National Cement Discloses Lawsuit Against Company Calling for Payment of QR68.9 Million

December 10, 2017

Qatar National Cement announced that it was served a notice by the court regarding a lawsuit filed by the Ministry of Municipality and Environment against the company. The claim calls for the payment of QR68,974,667 (sixty-eight million nine hundred and seventy-four thousand six hundred and sixty-seven) Qatari Riyals on account of extracting raw material used in the manufacturing of cement from 2008 to 2011.

The Company rejects the said claim, stressing that the raw material in question was extracted within the concession limits granted to the company under Decree-Law No. (4) of the year 1973, extended by Decree No. (8) of the year 1993.

Accordingly, the company addressed the highest authorities of the state to repel this claim and have it dropped by the competent court.