Arabian Pipes, Aramco sign SAR 48M contract

Arabian Pipes Co. signed a contract worth around SAR 48 million with Saudi Aramco on May 20 for the manufacturing and supply of steel pipes.

In a statement on Tadawul, Arabian Pipes said the eight-month contract is expected to have a financial impact on Q4 2026 and Q1 2027 results.

It also confirmed that no related parties are involved in the contract