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Gold surges amid US-Iran deal prospects

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Dow hits record closing high on US-Iran peace deal hopes

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Nvidia’s stock dips despite Q1 beat, strong forecast

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CAD falls versus USD following inflation data

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Gold rises as Trump postpones Iran attack

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Crude oil surges amid stalled US-Iran peace talks

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Middle East Specialized Cables (2370) – Introduction and background

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

Established in Saudi 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 was listed on Tadawul in 2007 and trades under the ticker 2370. 

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