Aramco-DHL joint venture ASMO has launched operations at the Central Pipe Yard (CPY) in Saudi Arabia's Eastern Province, strengthening its role as a strategic supply chain partner to Saudi Aramco. Spanning more than 5…
Saudi Arabia's East Pipes Integrated Co. for Industry has signed a steel pipe supply contract with the Saudi Water Authority (SWA) valued at more than SAR 485 mln (USD 129 mln), including VAT, according to a stock…
Daikin has begun construction of a new manufacturing facility in Jeddah that will focus on producing chillers and hydronic heat pumps for the Saudi and wider regional markets, the company said. The project follows…
Retal Urban Development Company has signed a development agreement with the National Housing Company (NHC) for a large-scale residential project valued at USD 1.38 bln, according to a stock exchange filing. The project…
The Saudi Iron and Steel Company (Hadeed) has increased long steel prices for December production. The company's rebar (12-32 mm) prices rose by SAR 40 (USD 10) to SAR 2,120 (USD 565) per ton, while wire rod (6.5-16 mm)…
Saudi Arabia's Red Sea International Co. has signed a contract with Baker Hughes to design, build, supply, and operate modular camps in the Kingdom's Eastern Province to support ongoing oil and gas exploration…
Saudi Arabia's National Building and Marketing Co. (NBM) announced that its subsidiary, Ajeej Steel Manufacturing Co., has renewed banking facilities worth SAR 127 mln (USD 34 mln) with Al Rajhi Bank, according to a…
Rockwell Automation has announced a strategic collaboration with Alfanar to establish a dedicated manufacturing zone within Alfanar's facility in Riyadh's Industrial City. The new zone will serve as a hub for assembling…
CRC Evans, a specialist in welding and coating services, has secured a new contract for Package 9 of Saudi Arabia's Master Gas III (MGS) project. The scope includes welding and construction of a 56-inch, 150 km…
The Saudi Iron and Steel Company (Hadeed) has received ECAS and Emirates Quality Mark (EQM) approval, certified by CARES, for its rebar products, authorizing the company to supply BS 4449:2005+A3:2016 grade B500B rebar…
Saudi Arabia is set to strengthen its domestic industrial base as Aramco Asia India signs a memorandum of understanding with Indian leading manufacturer of large-diameter carbon steel line pipes, Man Industries to…
Saudi Arabia's AlKhorayef Water and Energy Technology Company has secured a USD 59 mln contract from the National Water Company to build sewer networks in Hafr Al-Batin and Al-Qaysumah in the Eastern Province, the…
Calderys has entered into a strategic partnership with Saudi-based Binzagr to establish a new refractory manufacturing facility in Jubail, strengthening its regional footprint. The 16,300 m2 plant, operated by Calderys…
Ladun Investment Company has signed a real estate development agreement with the National Housing Company (NHC) to develop the Al-Mashraqiyah Villas in Riyadh, according to a stock exchange filing. As part of the…
Arabian Pipes Company (APC) has signed a new contract with Saudi Aramco to manufacture and supply pipes valued at approximately SAR 47 mln (USD 12.5 mln), the company said in a stock exchange filing. The 13-month…
Hassan Allam Holding and Tilal Real Estate have signed a strategic partnership with Saudi Arabia's National Housing Company (NHC) to develop their first mixed-use project in Riyadh's Khozam District. The project will be…
Al Yamamah Steel Industries Company will take part in the planned capital increase of its subsidiary, Al Yamamah Company for Reinforcing Steel Bars, to help advance its billet factory project, according to the company's…
Saudi Arabia's Al Yamamah Steel Industries announced that it has secured a SAR 176.48 mln (USD 47 mln) contract to supply steel towers, according to a filing on the Saudi stock exchange. The contract was awarded by…
Saudi Arabia's Al-Ittefaq Steel Products Company (ISPC) has received formal approval for its rebar products under both the Emirates Conformity Assessment Scheme (ECAS) and the Emirates Quality Mark (EQM), certified by…
Molan Steel Co. has submitted an application to the Capital Market Authority (CMA) to increase its capital through a rights issue, the company said in a stock exchange filing. The company's board had earlier recommended…