INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

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.