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Sunday, March 22, 2026
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Saudi Arabia

Group Five Pipe posts strong profit growth in 2025

Saudi Arabia's Group Five Pipe reported a sharp increase in net profit for 2025, according to its financial statement. Net profit rose to SAR 144.8...

East Pipes expands capacity with new production line

Saudi Arabia's East Pipes Integrated Company for Industry has completed the construction and installation of a new helical submerged arc welded (HSAW) pipe production...

Riyadh Steel profit rises in 2025 despite lower revenue

Saudi-based Riyadh Steel reported lower revenue but higher net profit in 2025, according to a filing on the Saudi Exchange. The company's revenue declined 7pct...

East Pipes approves pipe coating line expansion in Dammam

Saudi Arabia-based East Pipes Integrated Company for Industry has approved the establishment of a new external steel pipe coating line at its pipe coating...

Riyadh Steel confirms Abdullah Radhwan Ali as CEO

Riyadh Steel Company has appointed Eng. Abdullah Radhwan Ali as Chief Executive Officer, effective March 12, after its Board of Directors approved the termination...

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