Saturday, 5 July 2025

East Pipes, SWCC sign SR497mln deal

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East Pipes Integrated Company for Industry announced signing a deal worth SR 497 million (including value added tax) with Saline Water Conversion Corporation (SWCC).

The company added in a statement published on Tadawul that the contract duration is 365 days to supply steel pipes for water uses.

The financial impact of this contract is expected to be materialized in the fiscal year 2022 – 2023.

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