The Arab Pipe Company announced that it had won a contract to supply pipes from the company's factories to Saudi Aramco, with a total value of 66 million riyals.
The company said in a statement to the Saudi market (Tadawul), today, Sunday, that the contract term is 14 months.
The company expected that the financial impact of the contract would be reflected on the group from the third quarter of 2022 until the fourth quarter of 2023.
The company had recently announced that it had won contracts to supply pipes from the company's factories to Saudi Aramco, at a value of 305 million riyals.
