Saudi Arabia's Ministry of Industry and Mineral Resources has introduced a national licensing framework for the waste recycling industry as part of efforts to attract up to USD 10.7 bln in private investment. The…
Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for February sales. Rebar prices for 12-32 mm sizes were raised by SAR 70 (USD 19) to SAR 2,260 (USD 603) per ton, while wire rod…
Saudi Arabia's Al Masane Al Kobra Mining Co. (AMAK) has announced a temporary suspension of zinc and copper concentrate processing at its Al Masane (ALM) process plant for around 16 weeks from 22 January 2026, in line…
East Pipes Integrated Company for Industry has signed a SAR 60 mln (USD 16 mln) contract with AliShar Contracting, according to a filing with the Saudi Exchange. The six-month contract covers coating application…
East Pipes Integrated Company for Industry has approved a capital investment of approximately SAR 33.6 mln (USD 8.95 mln) for the acquisition of strategic material handling assets, the company said in a disclosure to…
East Pipes Integrated Company for Industry said its board has approved the establishment of a new external steel pipe coating line at its plant in Dammam, with an investment of about SAR 78.5 mln (USD 20.9 mln)…
Saudi Arabia's Umm Al Qura for Development and Construction Co (Masar) has awarded two new construction contracts worth a combined SAR 4.1 bln (USD 1.09 bln), excluding VAT, for superstructure works at its Masar…
Saudi Iron & Steel Company (Hadeed) has signed a letter of intent with the National Shipping Company of Saudi Arabia (Bahri) to explore potential cooperation in maritime transport to support Hadeed's iron ore shipping…
Knowledge Economic City has issued a letter of award to ElKhereiji Commerce & Contracting Company for the construction of four additional residential towers under the first phase of the Al-Alya mixed-use project. The…
Saudi Arabia's Solb Steel has signed a memorandum of understanding with the National Industrial Development Center to explore the production of Special Bar Quality (SBQ) steel and round billets, in line with Saudi…
The Royal Commission for Riyadh City (RCRC) has awarded a contract to design and build an 8.4-km extension of the Red Line on the Riyadh Metro, according to an official statement. The project includes 7.1 km of deep…
Saudi Arabian real estate developer, Midad Real Estate has signed a strategic investment and development agreement with Diriyah Company to co-develop the Four Seasons Hotel and Private Residences Diriyah on a…
Saudi steel producer Molan Steel said the Commercial Court of Appeal in Riyadh has issued a final ruling overturning the suspension of enforcement related to a judgment requiring the company to pay Yara International…
Saipem has secured two offshore contracts in Saudi Arabia under its long-term agreement with Aramco, the company announced in a press release. The first, a 32-month contract, covers the engineering, procurement…
Saudi Arabia's Royal Commission for Riyadh City (RCRC) has announced Package 3 of the Riyadh Main and Ring Road Axes Development Program, covering six major road and traffic projects with a combined budget exceeding SAR…
Watani Iron Steel Co. (Watani Steel) has renewed Sharia-compliant credit facilities worth SAR 70.5 mln (USD 18.8 mln) with Bank Albilad, according to a stock exchange filing. The renewed facilities will run from…
Saudi Iron and Steel Company (Hadeed) has increased its rebar prices for January production while leaving wire rod prices unchanged, the company said. The company's rebar prices for sizes 12-32 mm were raised by SAR 70…
Al Yamamah Steel Industries Co. reported a decline in net profit for the fiscal year ended September 30, 2025, with earnings falling 15.7pct YoY to SAR 59.69 mln (USD 15.9 mln). The company said the drop was mainly…
Arabian Pipes Company announced that its Board of Directors has approved the establishment of a drilling pipe coupling factory at the company's facility in the Second Industrial Area in Riyadh, according to the…
Saudi Arabia's Advanced Building Industries Co. (SENAAT), formerly Zamil Industrial Investment Company, said its Egyptian subsidiary, Zamil Structural Steel Co., has secured a contract to design, fabricate, and supply…