Arabian Pipes secures SAR 115m contract award

Riyadh – MubasherArabian Pipes Company and Br. C.A.T. International Company Limited inked an agreement valued at SAR 115 million on 1 October 2023.

The listed company will supply Br. C.A.T. International’s factory in Jubail with steel pipes for nine months, according to a bourse filing.

Arabian Pipes indicated that the deal will reflect on its financial results during the second quarter (Q2) of 2024.

Last September, the Tadawul-listed firm won a SAR 54 million supply deal from the Saudi Arabian Oil Company (Aramco).

Mubasher Contribution Time: 02-Oct-2023 12:16 (GMT)
Mubasher Last Update Time: 02-Oct-2023 12:16 (GMT)