East Pipes signs SAR 485M contract with Saudi Water Authority

East Pipes Integrated Co. for Industry (East Pipes) inked on Dec. 7 a contract with the Saudi Water Authority (SWA) valued at over SAR 485 million, VAT inclusive, according to a statement to Tadawul.

Under the six-month contract, the company will undertake both manufacturing and supply of steel pipes. No related parties are involved, the statement noted.

The relevant financial impact is expected to appear in Q4 25/2026 and Q1 26/2027.