Saudi: Arabian Pipes seals $28.53mln supply deal

Image used for illustrative purpose. Workers check on seamless steel pipes at a factory of a steel products manufacturer in Cangzhou, Hebei province, China December 16, 2018. Picture taken December 16, 2018. Stringer, Reuters
Reuters Images

The nine-month agreement covers the manufacturing and supply of steel pipes for the third phase of the Jafurah project

Staff Writer, Mubasher

April 14, 2025

PHOTO
Image used for illustrative purpose. Workers check on seamless steel pipes at a factory of a steel products manufacturer in Cangzhou, Hebei province, China December 16, 2018. Picture taken December 16, 2018. Stringer, Reuters

Riyadh – Arabian Pipes Company inked a SAR 107 million contract with Br. C.A.T. International L.L.C. on 13 April, according to a bourse disclosure.

The nine-month agreement covers the manufacturing and supply of steel pipes for the third phase of the Jafurah project.

Arabian Pipes highlighted that the deal will affect its income statements during the third quarter (Q3) of 2025 and Q4-25.

Source: Mubasher

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