INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

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.