On July 23, 2026, East Pipes Integrated Company for Industry announced the signing of a contract with Esnad Al-Turuq Contracting Company, effective July 22, 2026, for the manufacture and supply of steel pipes. The total contract value exceeds SAR 64 million, inclusive of Value Added Tax, with a duration of 5 months. The financial impact of the contract is expected to be reflected in the third quarter of financial year 2026/2027.

Original announcement:

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.