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429 news items from Saudi Arabia. Show all
Saudi Arabia's Watani Iron and Steel Co. (Watani Steel) reported a net loss of SAR 3.5 mln (USD 0.93 mln) for the first nine months of 2025, compared with a net profit of SAR 2.2 mln in the same period last year…
ArcelorMittal Tubular Products Al-Jubail (ArcelorMittal TPJ) has appointed Laurent Dubedout as its new Chief Executive Officer, the company said in a statement. Dubedout brings extensive international experience and…
Saudi Arabia's East Pipes Integrated Company for Industry reported a 37.5pct YoY rise in net profit to SAR 248.8 mln (USD 66 mln) for the first half of FY26 ended September 30, 2025. The company attributed the growth to…
Saudi Steel Pipe Co. (SSP) reported a 7pct YoY decline in net profit for the first nine months of 2025, reaching SAR 198 mln (USD 53 mln), the company said in a stock exchange filing. The profit decline was primarily…
Saudi Arabia's Group Five Pipe Saudi Co. announced that it has mutually agreed with the Saline Water Conversion Corporation (SWCC) to reduce the total pipe supply for the Ras Al Khair Project by 39pct, according to a…
Lenovo is nearing completion of one of its largest and most advanced manufacturing facilities in Riyadh, marking a key milestone in its regional expansion. Developed in partnership with ALAT, a subsidiary of Saudi…
Saudi Arabia's Arabian Pipes Co. (APC) reported a 36.7pct YoY decline in net profit for the third quarter of 2025, citing weaker sales volumes, according to a stock exchange filing. Net profit fell to SAR 27.77 mln (USD…
UAE's Abu Dhabi Future Energy Company PJSC (Masdar), a global clean energy leader, announced it has been awarded two solar photovoltaic (PV) projects, with a combined capacity of 2 gigawatts (GW), under the sixth round…
The Saudi Iron and Steel Company (Hadeed) has announced its long steel prices for November production. The company's rebar (12-32 mm) prices have been increased by SAR 25 (USD 7) to SAR 2,080 (USD 555) per ton, while…
Group Five Pipe Saudi Co. has approved an expansion plan to boost its spiral pipe production capacity, the company announced in a stock exchange filing. The project involves adding a new production line with an annual…
Saudi Arabia's ongoing construction boom continues to drive strong demand for steel, positioning the sector as a key beneficiary of Vision 2030's infrastructure and industrial expansion agenda. At the 3rd Saudi…
Systemair Saudi Arabia, part of the global Systemair Group operating in 51 countries, has inaugurated a fully owned ventilation production facility in Riyadh. Built on a 13,000-square-metre site with a…
Domestic steel demand is now projected to reach 24 mln tons by 2035, up from an earlier estimate of 17 mln tons, driven by renewable energy expansion, manufacturing growth, and national mega-projects, according to…
Saudi Arabia's Minister of Industry and Mineral Resources, Bandar Alkhorayef, inaugurated the third Saudi International Iron and Steel Conference in Riyadh, held under the patronage of the ministry and organized by the…
Saudi Arabia's Al Yamamah Steel Industries Co. has signed two contracts with Larsen & Toubro (L&T) Saudi Arabia worth a combined SAR 207.09 mln (USD 55 mln) for the supply of steel towers for a 380 kV ultra-high-voltage…
Bekaert signed a Memorandum of Understanding (MoU) with Saudi-based IKK Mateenbar to collaborate on lower-carbon concrete reinforcement solutions. The agreement, concluded in Riyadh under the Ministry of Energy's Oil…
Retal Urban Development Co.'s subsidiary, Building Construction Company Ltd, has signed a USD 123 mln contract with PIF-owned Roshn Group to design and build six residential buildings within the Sedra master development…
Saudi Arabia's Al Yamamah Steel Industries has commenced commercial operations at its Wind Energy Systems Factory in Yanbu Industrial City. The facility, considered one of the region's most advanced for steel tower…
Saudi Arabia's Aluminium Products Company (ALUPCO) and Hong Kong's Asia Aluminum Group (AAG) have signed a USD 500 mln agreement to establish the region's largest integrated downstream aluminum base in Riyadh. The…
Diriyah Company has signed a USD 244 mln contract with a consortium of Al-Majal El-Arabi Group and MAN Enterprise AlSaudia to develop the Grand Mosque as part of the project's second phase. The mosque will span 12,300…
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