Saudi Arabian pipe manufacturer East Pipes Integrated Company for Industry announced that it has signed a contract with domestic company AliShar Contracting Company for the provision of steel pipe coating services worth more than SAR 60 million ($15.99 million), including value added tax.
As part of the contract, East Pipes will provide steel pipe coating services to AliShar Contracting Company for a period of six months. The financial impact of this contract is expected to be reflected from the fourth quarter of fiscal year 2025-26 to the second quarter of fiscal year 2026-27.
