Saudi Pipe Company won contracts to supply steel pipes for oil and gas to Tenares Global Service in Uruguay, worth 105 million Saudi riyals. The company said in a statement to Tadawul Saudi Arabia, today, Wednesday, that the contracts were awarded and signed on November 8 for a period of 8 months. The financial impact …
The Saudi Steel Pipe Company, “Saudi Pipes”, intends to acquire an additional 35% ownership stake in Al Alamiah Pipes at $9.9 million. Al Alamiah Pipe Company is a Saudi steel pipe manufacturing company, in which Saudi Pipes currently owns a 35% stake, and EW Holding GmbH & Co KG (EEW) owns a 35% stake. And …
Saudi Pipes intends to acquire a 35% stake in Al Alamiah Pipe Company Read More »
Saudi Steel Pipe Company achieved net profits of SAR 900,000 in 2021, compared to net losses of SAR 34.5 million in the earlier year. The company generated SAR 373.5 million revenues in 2021, down 21.35% from SAR 474.9 million in the previous year, according to a bourse filing on February 17. Meanwhile, the company registered earnings before …
Saudi Pipes Company announced that it has won contracts to supply steel pipes for oil and gas to Tenars Global Service in Uruguay, with an estimated value of 52.4 million riyals. The company said in a statement posted on the Saudi market website, “Tadawul”, that the contract term is 3 months. It expected that the …
“Saudi Pipes” wins contracts to supply pipes in Uruguay with 52.4 million riyals Read More »
Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.
It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.
Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.
General Secretariat
Tel +21323304221 Fax +21323304254
Mail: [email protected]
Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: [email protected]
