MESC Subsidiary Wins USD 46.6 Million Contract
MESC 2370.SA | 0.00 |
On June 7, 2026, Middle East Specialized Cables Company announced that its wholly owned subsidiary MESC-Ras AlKhaimah UAE received a Letter of Award dated June 4, 2026, from Cunado Middle East Pipes & Valves LLC. The contract, valued at approximately USD 46.6 million (equivalent to SAR 175 million), involves supplying low voltage cables and communication cables for the Lower Zakum Long Term Development Plan Project – Phase I (LTDP-1) – Amirah Island Surface Facilities Package in the United Arab Emirates.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95884&anCat=1&cs=2370&locale=arImportant 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.
