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Group Five Pipe Saudi wins $853mln projects for SWCC

Group Five Pipe Saudi wins $853mln projects for SWCC
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Aramco signs 3 deals with key steel pipe manufacturers in Kingdom

RIYADH: In a bid to secure a substantial supply of steel pipes, Saudi oil giant Aramco has signed three contracts estimated at around $493 million with the Kingdom’s leading steel pipe manufacturers. East Pipes Integrated Co. has been awarded a contract to manufacture and supply steel pipes to the oil company, following a deal worth SR1.8 billion ($479.9 million), according to ....

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Saudi stocks fall following a decline in major market players: Closing bell

RIYADH: The Saudi stock market ended Monday’s session lower, sparked by a decline in shares of a number of major players in the market. The Tadawul All-Share Index lost 0.77 percent to finish at 12,099, while the parallel Nomu declined 1.69 percent at 21,274. Saudi Tadawul Group Holding Co., owner of the Kingdom’s bourse, led the fallers with a 5.43 percent decline. Saudi oil ....

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