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Saudi-based Al Yamamah Steel Industries Company has announced that it has begun commercial production at its newly-expanded pipe factory in Jeddah. This comes following the completion of Phase One of the factory expansion. ....
RIYADH: The Saudi stock exchange was up for the second consecutive day in the previous session, despite nearing 5000 COVID-19 cases in 24 hours. The Kingdom saw two deaths from COVID-19 and 4,778 new infections on Monday, statistics by the Saudi Health Ministry revealed. TASI recorded gains amounting to 0.9 percent to close at 11,665 points, its highest value since November. ....
Saudi-based Al Yamamah Steel Industries said it has won SR292 million ($78 million) orders from Hyundai Engineering and Construction Company to supply steel towers for the construction of 380 KV electricity transmission lines on the Saudi-Egypt border. ....