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East Pipes lands $131m deal

The deal included no related parties. (Linkedin)
  • The financial impact of the one-year deal will be seen in the company's fiscal year 2022-2023
  • Established in 2010, East Pipes specializes in the manufacturing of steel pipes and joined the Saudi stock exchange earlier this year

Saudi East Pipes Integrated Co. has stitched a deal with Saline Water Conversion Corporation to supply water pipes worth $131 million.

The financial impact of the one-year deal will be seen in the company’s fiscal year 2022-2023, the company reported to the Saudi stock exchange.

Established in 2010, East Pipes specializes in the manufacturing of steel pipes and joined the Saudi stock exchange earlier this year.