Welspun Corp and Perma-Pipe International Holdings have signed a memorandum of understanding (MoU) with the developers of Jordan's National Water Carrier Project and the Jordanian government to establish pipe…
Jordan's Ministry of Water and Irrigation has announced plans to establish a USD 125 mln steel pipe manufacturing facility through a US-Indian joint venture, aimed at supporting the National Water Carrier Project and…
Jordan-based Arabian Steel Pipes Manufacturing Company reported higher net profit for the three months ended 31 March 2026, despite a decline in revenue, according to its unaudited financial statement. Revenue fell by…
Arabian Steel Pipes Manufacturing Company reported improved financial performance for the year ended 31 December 2025, with both revenue and net profit rising YoY, according to its audited financial statements The…
Aqaba Special Economic Zone Authority (ASEZA) Chairman Shadi Majali met with a South Korean investment delegation to discuss plans for establishing a steel pipe production facility in the zone, according to the Jordan…
The Jordan Chamber of Industry (JCI) reported that the industrial sector maintained strong momentum in Q2 2025, posting 4.8pct real growth compared with the same period last year. The sector contributed 39pct of overall…
Jordan's Arabian Steel Pipes Manufacturing reported a 9.9pct YoY increase in net profit for the first quarter of 2025, according to its latest financial statement. The company recorded a net profit of JOD 510,673 (USD…
Jordan's Arabian Steel Pipes Manufacturing reported a 22.6pct YoY increase in profit for 2024, according to its annual financial statement. The company recorded a profit of JOD 1.53 mln (USD 2.16 mln), up from JOD 1.25…
Abu Dhabi Ports Group has partnered with MAG Group Holding to develop the first phase of Marsa Zayed, a beachfront resort and residential community on the Red Sea in Aqaba, Jordan. Marsa Zayed is a transformative…
Etihad Rail, the developer and operator of the UAE National Railway Network, signed two Memoranda of Understanding valued at USD 2.3 bln with Jordan's transport ministry and local companies to build, operate and…
South Korean LNG infrastructure company GAS Entec announced that its consortium with group company AG&P and local firm Issa Haddadin has been awarded an engineering, procurement, construction, installation, and…