Arabian Pipes signs SAR 107M steel pipe contract

14/04/2025 Argaam

Arabian Pipes signs SAR 107M steel pipe contract

Logo of Arabian Pipes Co. (APC) 

Arabian Pipes Co. signed a SAR 107 million contract on April 13 with the local branch of CAT International Ltd., the company said in a statement to Tadawul.

 

 

The nine-month contract covers the manufacturing and supply of steel pipes for the Jafurah Phase III project.

 

Arabian Pipes expects the financial impact of the deal to appear in the third and fourth quarters of 2025. The company also noted that there are no related parties involved.

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