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Trends & Analysis
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US dollar surges to 7-week high on NFP data

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Shares of Levi Strauss tumble amid weak sales

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Crude oil breaches $70 amid geopolitical concerns

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Will silver soar to $35?

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Nike’s shares slide despite earnings beat

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GBP/USD holds close to multi-year highs

Trends & Analysis
News

US dollar surges to 7-week high on NFP data

News

Shares of Levi Strauss tumble amid weak sales

News

Crude oil breaches $70 amid geopolitical concerns

News

Will silver soar to $35?

News

Nike’s shares slide despite earnings beat

News

GBP/USD holds close to multi-year highs

Middle East Specialized Cables (2370) – Introduction and background

Middle East Specialized Cables (MESC) is a leading manufacturer of specialized electrical cables in the Middle East, including to high-profile Megaprojects.

Established in Saudia Arabia in 1993, MESC has grown to become a market leader in cable manufacturing, supplying high-quality cables to manufacturing, infrastructure, and energy clients. MESC’s core business involves the design, manufacturing, and distribution of specialized electrical cables.

The company operates manufacturing facilities in Saudi Arabia and the UAE that produce a wide range of cables, including low, medium, and high voltage cables, instrumentation cables, and control cables. MESC serves industries including oil and gas, petrochemicals, power generation, and construction. Most sales take place in the GCC, but MESC also operates overseas, with clients in the US, MENA, and Europe.

Middle East Specialized Cables listed on Tadawul in 2007 where it trades under the ticker 2370. The company’s major shareholder is Mansour Abdulaziz Mohammed Kaki, with other Saudi businessmen in the other top spots.

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