Saudi Arabia’s East Pipes Integrated Company for Industry has signed multiple supply contracts worth over SAR 57 mln (USD 15.1 mln), including VAT, with Saudi Real Estate Infrastructure Company (Binyah) and Al-Rashid Trading & Contracting Company.
The contracts, spanning seven months, cover the manufacturing and coating of steel pipes. The financial impact of these agreements is expected to be reflected in the company’s results for Q1 and Q2 of FY26.
Established in 2010, East Pipes Integrated Company for Industry is a leading manufacturer of Helical Spiral Arc Welded (HSAW) pipes in Saudi Arabia with an annual production capacity of 500,000 tons.
1 USD / 3.75 SAR
