Obeikan Glass inks MoU with Italy’s Isoclima to explore opportunities

12/02/2025 Argaam
Logo ofObeikan Glass Co.

Logo of Obeikan Glass Co.

Obeikan Glass Co. signed today, Feb. 12, a one-year non-binding Memorandum of Understanding (MoU) with Italy’s Isoclima to jointly explore commercial and innovation opportunities, the company said in a statement to Tadawul.

 

The MoU establishes a general framework for cooperation between the two parties, aiming to leverage Isoclima’s expertise in specialized glass manufacturing—particularly in automotive glass—alongside Obeikan’s production capabilities in Saudi Arabia. It also includes identifying and prioritizing potential investment opportunities in specialized glass applications and assessing their feasibility for joint execution.

 

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There is no financial impact currently from the MoU, said the company, adding that there are no related parties. It noted that any material developments will be announced as they arise.

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