Arabian pipes company latest news financials with all the important numbers. Under the contract, Arabian Pipes Company will supply pipes to Aramco for seven months. Switch To Old Switch To New Arabian Pipes Co. What Is the Arabian Pipes Company Stock Price Today? The Arabian Pipes Company stock price today is 115. 76% growth. APCO provides end to end pipe RIYADH: Saudi oil giant Aramco has awarded a contract worth SR100 million ($27 million) to homegrown Arabian Pipes Co. , and Abdulaziz & Sa’ad AI-Moajil Company. stock shows the buy signal. Saad bin Falah Al-Qahtani as Member. Overview ; Org Chart ; Popular Searches Arabian Steel Pipes Co Arabian Steel Pipes Mfg Co Ltd Arabian Steel Pipes Co Amman-Jordan Arabian Column Pipe Co Arabian Steel Pipes Mfg Co is SIC Code 33,331 NAICS Code 33,331 Ticker ASE: ASPMM Show more. is neutral today. reported a net profit of SAR 155. 40 million in the first nine months (9M) of 2023, compared to a net loss of SAR 7. Report is available for immediate purchase & download from EMIS. Its products well characterized by their high quality emanating from raw material ordering, through adhesion to international standards and strict quality procedures beside the continuous updating of the production hardware using the latest available state of the art technologies. What industry is Arabian Pipes in? Arabian Pipes’s primary industry is Industrial Supplies and Parts. All Shows. over the next 12 months, according to a bourse filing [ November 27, 2024 ] ADNOC launches $80 billion lower-carbon energy and chemicals investment company Oil and Gas [ November 27, 2024 ] Saudi Arabia signs $9. View real-time 2200 stock price and news, along with industry-best analysis. Arabian pipes co. stock exchange. News; Opinion; World; Podcasts; Life; Saudi Arabia news. Find the latest highlights on Arabian Pipes Company at the Saudi Arabian S. stock news by MarketWatch. In fact, Tabreed is the first district energy company anywhere in the world to achieve this recognition and that’s really important for multiple reasons, not least because it backs up what we’ve always said: that district cooling is up to 50 Arabian Pipes turns profit after Jubail expansion New facilities and sales in industrial city add to bottom line by Staff Writer October 20, 2011 05:00 AM GST July 07, 2021 02:53 PM GST East Pipes invests in its engineering and technical expertise to operate and manage the latest lab testing facilities that comply with the highest international standards to produce pipe lengths up to 18 meters and double jointed pipes up to 26 meters, and the coating plant is well suitable for handling all sizes. won, on June 26, a contract worth nearly SAR 322 million with Saudi Aramco to supply steel pipes over 10 months, the company announced in a filing to Tadawul. There are no news categories you follow. Edit Notification Preferences. 1m (SR49m). 13, a new order worth around SAR 204 million by Saudi Aramco for the supply of steel pipes and coating services, the company RIYADH: Saudi Steel Pipe Co. Further, it manufactures pipes, hoses, and plastic pipes, as well as shapes hollow iron and steel. 05 INDIPCO manufactures ductile iron pipes from DN 100 to DN 2200. Tubacex stainless steel pipe manufacturers. 94. After reviewing the Company's application in light of the governing regulatory requirements, and the quantitative and qualitative criteria applicable to all companies requesting a capital Arabian Pipes Company: Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Saudi Arabian S. The factory started work in 2009 in Jubail Industrial City | INDIPCO manufactures ductile iron pipes from Find the composition of the Board of Directors of Arabian Pipes Company (Saudi Arabian S. - On 21-3-2022 Arabian Pipes Co. Find everything from its Valuation, Future Growth, Past Performance and more. Arabian Pipes Company Elects Abdulaziz Ali Abdulaziz Almasood to the Board of Directors, Effective May 22, 2024 May 16. 6 million Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More. 74 million for the first quarter of 2024 from SAR 214. SynopsisArabian Pipes Company, a Saudi Arabia-based pipe manufacturer, has inked a significant supply deal with international contractor Br. 1321 140. Last June, the two listed companies inked an agreement valued at SAR 322 million. 06. Specializing in the manufacturing and marketing View the latest 2200 income statement, balance sheet, and financial ratios. went public (tadawul: 2200) Unlock even more features with Crunchbase Pro . 4 a contract worth nearly SAR 108 million to supply steel pipes to Saudi Aramco, the company said in a statement to Tadawul. The duration of the contract is 11 months, according to an exchange filing. APC is based in Riyadh, Saudi Arabia and was established in August 1991. 86 million) and SAR 43 million ($11. The production capacity is about 200 thousand tons per Latest news. Q3 Get the latest Arabian Pipes Company (2200. 68 million for Q1 2023 as a result of higher sales volume. reported a net profit of SAR 111. The contract will be Arabian Pipes Co. Saudi Orchestra performance in Tokyo helps ‘bridge cultural boundaries,’ CEO says. 5:29a What’s next after bitcoin tops $100K? Riyadh – Mubasher: The board of Arabian Pipes Company has recommended to increase the company’s capital through a SAR 150 million rights issue. Posted on 26 Oct 2022. Algosaibi Bros. 09. established on 1991 as a Saudi Joint Stock Co. As a specializing in the manufacture and supply of water, sewerage and high-quality industrial pipes, the Arabian Company for Water Pipe Industry Ltd. 08B with 124. Arabian Pipes Company, Saudi Arabia announced in a statement that it has awarded supply of steel pipes for Jafurah Pipelines Phase II Project. Arabian Pipes won and signed the contract on 26 June 2023, yet it carries a duration period of 10 months, according to a bourse filing. (APC) was awarded, on June 12, a supply contract worth around SAR 27 million by Saudi Aramco, according to a statement to Tadawul. ranks first among the various pipe and tube manufactures in the region. News • Jul 2, 2024. The company focuses on business development and has strong Founded in 2007 as a limited liability company in the city of Riyadh, Kingdom of Saudi Arabia, ACWAPIPE is set to build a reputation for professionalism. The company entered the Moroccan market last month, with a network of 15 outlets, 60 counters and 200 drillers. Arabian Pipes Company announced the formation of the Audit Committee for the new term starting on May 22, 2024, and ending on May 21, 2027, based on Board of Directors resolution issued on May 22, 2024, as follows: Mr. 7772 UAE-based entities in leaked Panama Papers |Arabian Post Special|The leaked Panama Papers figure over 7700 offshore entities from the United Arab Emirates, The order worth SR450 million ($120 million) was placed by the group's Saudi unit - McDermott Arabia Company Limited -headquartered in Al Khobar, said Arabian Pipes Company in its filing to the Saudi bourse Tadawul. August 19, Latest updates. 2023 - 17:30 Under the terms of the agreement, Arabian Pipes will provide steel pipe and coating services to Arabian Pipes Company has signed a deal with South Korean EPC contractor Hanwha Engineering & Construction worth $13. QUICK NAVIGATION. Fax Number APC applies the highest quality standards and strives to localize latest piping solutions technologies through our most valuable industrial and financial news about global economies, with a focus on understanding them from Arabian Pipes pointed out that the cancellation was based on a tangible improvement in the company's financial position and the availability of sources c. (APCO) LSAW and SSAW pipe manufacturers, OUR LATEST PROJECTS. Start Your Free Trial . : 2200 | Saudi Arabian S. It has a market The company has the first two factories in Riyadh with an average production capacity of 160,000 tons per year for sizes 6 to 20 inches and Jubail Industrial City with an average production Element List Explanation; Introduction : With reference to the announcement made by Arabian pipes Company on 18-12-1443 corresponding to 17-07-2022 regarding the Board of Directors’ See the latest Arabian Pipes Co stock price (2200:XSAU), related news, valuation, dividends and more to help you make your investing decisions. Khalid A. Kingdom of Saudi Arabia 42734 Riyadh 11551. Vinyl Pipes currently exports the synthetic polymer pipes – also known as unplasticised polyvinyl chloride (uPVC) pipes – from its unit at Gandhidham, Gujarat, on the western coast of India. 1 million). is manufacturing and marketing of welded steel pipes for Oil and Gas, Structural and commercial utilization with sizes range from 6 to 48 inch. H. The contract is valid for 10 months, Arabian Pipes added. Mubasher TV. 60 million, versus net losses standing at SAR 17. Arabian Pipes Company SJSC is a Saudi Arabia-based company engaged in manufacturing and marketing of welded steel pipes for oil and gas, structural and commercial Find the latest Arabian Pipes Company (2200. Market Pulse. According to a filing on Tadawul, the contract was awarded on 11 December, 2018 and will see Arabian Pipes supply oil country tubular goods (OCTG) pipes from the second quarter of 2019. There is no recent news or activity for this profile. LATEST NEWS. View today's Arabian Pipes Company stock price and latest 2200 news and analysis. The financial Arabian Pipes Company | 15,027 followers on LinkedIn. According to a filing on Tadawul, the The Arabian Pipecoating Company Ltd. (SSP), and steel pipes from Arabian Pipes Company. Create real-time notifications to follow any changes in the live stock price. Similar Companies 6. 2. The company exports its products to the North Africa, Middle East, and Gulf countries. . APC operates within the Materials sector focusing on Steel. C A T International Arabian Pipes Company was established on August 24, 1991, and listed on the Saudi Stock Exchange (Tadawul) on December 21, 1992. The Arabian Pipes Company is a Saudi joint-stock company listed on the Saudi Stock Exchange 'Saudi Tadawul,' specializing in the manufacture of steel pipes. Recent News & Activity. The deal is for the supply of pipes to Hanwha’s job at the Jazan refinery, where a major $6bn expansion project is underway. : 1321 | Saudi Arabian S. info@arabian-pipes. 15. The relevant financial impact will appear on Q3 and Q4 of 2024. Contact Us Advertising Decypha 1st Investor. The company has signed supply contracts worth SAR 322 million ($85. The value of the contract is SAR 293million (USD 78. The company owns and operates two factories, the first plant in Riyadh with average capacity of 160 thousand ton per year of ERW pipes with sizes range from 6 to Stay updated on Saudi Arabia’s news, events, and national developments. The financial impact of this contract is Arabian Pipes Co. The partnership will reflect on Arabian Pipes’ income statements Saudi Arabian Oil Company (Aramco) has signed a SAR 204 million ($54. 8 million in H1 2024, marking a jump of 96% from SAR 56. The book-build for the PIPE transaction was completed on October 3, with ADC set to issue 73. Explore comprensive national insights, top stories, and more on Arab News. scroll up scroll down. View More. 8mm (2″) Maximum Pipe Diameter: 1828. +966 13 8121214 +966 13 8121131 What is the size of Arabian Pipes? Arabian Pipes has 380 total employees. 28 billion and earned 194. Saudi Arabia-based pipe manufacturer Arabian Pipes Company (APC) has announced that it has signed a supply contract with Saudi Arabian oil and gas company Aramco for steel pipes worth around SAR 302 million ($80. Arabian Steel Pipes Co. The WIRE by Arabian Post AP Home; Frontpage; Columns; Featured; The BUZZ; What's On; Biz Tech; Home Sub menu. ’s shares tumbled at the end of Sunday’s session on the news that it had been awarded a contract worth SR55 million ($41 million) by Saudi Saudi Arabian Oil Company (Aramco) has signed a SAR 204 million ($54. 1. 1991 AD and under the Industrial License No. 9 million in the year-earlier period. Public Shareholding Com in Jordan. 2% from SAR 93. The factory started work in 2009 in Jubail Industrial City | INDIPCO manufactures ductile iron pipes from Arabian Pipes Company had revenue of 318. E شركة سعودية 100% ومصنع سعودي بالمواصفات الألمانية. Sub-menu 01; The move is part of the company's strategy to diversify investment opportunities and provi Arabian Pipes reports profit of SAR 111. There are no related parties to the deal, the pipe manufacturer added. The company’s revenues surged by 153. News and Events * APCO has achieved a new milestone 440 days without Medical Treatment Case during Feb 2016 to May 2017 * In 2021 APCO has achieved ARAMCO Quality Excellent Regeneration. AlphaMena Trims Saudi Steel Pipes Co Riyadh – Mubasher: Arabian Pipes Company signed an agreement with Saudi Arabian Oil Company (Aramco) on 1 March 2023 at an estimated value of SAR 62 million, according to a bourse filing. (434 / R) dated 12. 1411AH corresponding to 01. Share Copy to clipboard. 4 million). News and Events * APCO has achieved a new milestone 440 days without Medical Treatment Case during Feb 2016 to May 2017 * In 2021 APCO has achieved ARAMCO Quality Excellent Regeneration Quick Links Latest Oman news headlines, daily breaking news and current affairs coverage from across Oman and from the world , Visit The Arabian stories for more oman news. GAS Arabian Services Company, along with its strategic partner Elliott Turbomachinery Limitid, Edit Recent News & Activity Section. It was established in 1991. Edit Details Section. Internal FBE Coating; External Custom Coating; Liquid Epoxy; Pipe Storage; Logistics; News and Events * APCO has achieved a new milestone 440 days without Medical Treatment Case during Feb 2016 to May 2017 * In 2021 APCO has achieved ARABIAN PIPES COMPANY Address. announced on Tuesday that it has been awarded an order on July 1, 2024, to supply pipes to Denys Arabia LTD with a total value of approximately SAR 293 million. dgkcBrbJFiC4qqaLDqgR_WuVpmz1Q_RfnVgQgbKVcRlJGDEW2ZoFMKuphQ Latest Arabian Business & Industry News including, Crypto, Web3, Media & Marketing, Blockchain, Real Estate, (DFM) that the company has agreed. (ISIN: SA0007879378) Saudi Arabia. Arabian Pipes Company, a key manufacturer of welded steel pipes for oil and gas sector, has announced that it has secured a contract worth SAR293 million ($78 million) from Denys Arabia, a leading player in the onshore pipeline construction activities, for Revenue increased to SAR 308. 19 a contract worth nearly SAR 54 million to supply steel pipes to Saudi Aramco, the company said in a statement to Tadawul. The pipes are used in water, irrigation, drainage and gas pipelines. Arabian Pipes Arabian Pipes Company, a key manufacturer of welded steel pipes for oil and gas sector, has announced that it has secured a contract worth SAR293 million ($78 million) from Top and Latest News of Arabian Pipes Co - APC (2200) and all historical news - Mubasher Info. View real-time stock prices and stock quotes for a full financial overview. 2 million). 11 Jumada II 1446 Subscribe to our newsletters now and stay up-to-date with latest events & news. for the supply of steel pipes. won, on Aug. Arabian Pipes Company aims to prevent, control, minimize, eliminate the pollution, wastes, potential and actual injuries, accidents, risks, ill health that could affect employees and other Dubai-headquartered Arabian Pipes Co was awarded a supply contract worth around $7. Know which insiders are buying and selling along with top shareholders and ownership breakdown. 7 million for the first nine months of 2024, Arabian Pipes Company, a key manufacturer of welded steel pipes for oil and gas sector, has announced that it has secured a contract worth SAR293 million ($78 million) from Riyadh – Mubasher: Arabian Pipes Company has been awarded a SAR 100 million contract to supply Saudi Arabian Oil Company (Aramco) with steel pipes. signed on Feb. Stay on top of the issues that matter to you the most. Phone Number +966 11 2650123. 28B, up 36. This brings the company's revenue in the last twelve months to 1. Dashboard Stock analysis for Arabian Pipes Co (APCO:Saudi Arabia) including stock price, stock chart, company news, key statistics, fundamentals and company profile.  Financials (M) the validity period has ended to comment on this news. The contract will be valid for Income Statement. The financial The value of the contract is SAR 268million (USD 71. 19% year-on-year (YoY) to SAR 774 million during January-September 2023 when compared with SAR 305. technincal analysis shows the sell today, and its 1 week rating is neutral. TADAWUL): Stock quote, stock chart, quotes, analysis, advice, Latest news: Arabian Pipes Company . Report with financial data, key executives contacts, ownership details & and more for Arabian Steel Pipes Manufacturing Co. 7772 UAE-based entities in leaked Panama Papers |Arabian Post Special Saudi Steel Pipes Company (1320. 70 million in 9M The Arabian Pipecoating Company Ltd. Note that market conditions change all the time — according to our 1 week rating the buy trend is prevailing, and 1 month rating shows the buy signal. The Arabian Business 100 Most Admired Companies for 2024. Arabian Business — ADC gets shareholders’ nod for UPP take over, Business Insider — Pipe, a venue for companies to get cash up front for their subscription revenue, just raised $50 million from high-profile investors like Chamath Palihapitiya and Marc Benioff . Amin Nasser CEO of Saudi Aramco. Under the terms of the agreement, Arabian Pipes will provide steel pipe and coating Saudi Arabian Oil Company (Aramco) awarded a supply contract worth SAR 204 million ($54. Investing Insights. 80mm (72″) Surface Preparation: Sa 3 White Metal Finish Saudi Arabia-based pipe manufacturer Arabian Pipes Company (APC) has announced that it has received two new steel pipe orders. Less than half of directors are independent RIYADH: Energy behemoth Saudi Arabian Oil Co. Khalid Al Marzooqi, Tabreed’s Chief Executive Officer, commented: “Where we lead, others try to follow, and this will be no different. The new Piptech facility, envisaging an investment of AED 100 million, will make use of advanced induction-bending technology to manufacture and deliver high-quality precision-engineered pipe bending solutions for oil and gas, construction, petrochemicals, power, automotive, aerospace and shipbuilding industries. SR) including business summary, Latest News. (APC) shareholders will vote on the reduction of the stock nominal value from SAR 10 to SAR 1, during the extraordinary general meeting (EGM), scheduled for Arabian Pipes Co. (APCO) was established in 1983 by the A. Stock Exchange), the gender parity as well as the age distribution of the insiders. was awarded today, Sept. Its products well Catch the latest news & updates of Dubai, Sharjah, Abu Dhabi, UAE, Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More. 46 million) with Saudi Arabian oil and gas company Aramco and China Geo-Engineering Corporation’s Saudi Arabian Steel Pipes Co. Latest News All Times Eastern. Co. Arabian Pipes RIYADH: Arabian Pipes Co. Saudi Arabian Ductile Iron Pipes Co Ltd: 2nd Industrial City, P. com +966 11 2650123 +966 11 2650312 +966 13 3400800: Head Office : Kingdom of Saudi Arabia 42734 Riyadh 11551. The proposal aims to support the company’s working capital and strengthen its financial position, according to a bourse filing on Sunday. RIYADH: Saudi oil giant Aramco has sealed a SR268 million ($71 million) deal with homegrown Arabian Pipes Co. Arabian Pipes will supply Aramco with steel Arabian Pipes Co has won $13m (SAR49m) steel pipes order from oil and gas giant Saudi Aramco, a regulatory filing has revealed. The factory started work in 2009 in Jubail Industrial City Arabian Pipes Company (APC), Saudi Joint-Stock Company, has been established by the leading business group in the kingdom of Saudi Arabia to be the Leading Industrial Center in the Region specialized in Supplying complete range (Medium & Large Diameter) of Bare and Coated Steel Pipes suitable for Oil & Gas and high-pressure applications. Taking a comprehensive approach, we manage a number of industrial complexes for pipe manufacturing Steel Pipes News in Saudi Arabia. Earnings per share was 12. The contract is valid for 10 months, Arabian Pipes noted, adding that there are no related parties. 4 million) from Saudi Steel Pipe Co. RIYADH: Arabian Pipes Co. SA description & address. Arabian Pipes Company has announced that it has been awarded a SR155 million ($41. The financial impact of the 15-month contract will reflect on Arabian Pipes’ financials in the second and third quarters (Q2 & Q3) of fiscal year (FY) 2023, according to a stock The company owns and operates two factories, the first plant in Riyadh with average capacity of 160 thousand ton per year of ERW pipes with sizes range from 6 to 20 inch and the second plant in Jubail industrial city with average capacity of 300 thousand ton per year of LSAW pipes with sizes range from 16 to 48 inch to reach a total average capacity to 460 thousand ton per year. 2023 - 17:30 Under the terms of the agreement, Arabian Pipes will provide steel pipe Company profile page for Arabian Pipes Co including stock price, company news, executives, board members, and contact information Who is Arabian Pipes. 5 million (SAR107 million) to Arabian Pipes Company to supply steel pipes. East Pipes Integrated Company for Industry (EAST PIPES) TASI. (APC) reported a net profit of SAR 155. 3 million). See more of ARABIAN PIPES CO. went public Company profile for Arabian Pipes Co. The factory has customers in the Kingdom, the Middle East, Africa and Europe. LSAW Plant Jubail : Kingdom of Saudi Arabia 1620 JUBAIL 31951. Amman, Amman, Jordan; 1,077,780; Highlights. Building Industry: Manufacturing Sub-industry: Pipecoating Location(s): Al Khobar, Jubail The Arabian Pipecoating Company (“APCO”) was established in 1983 by A. Income Statement. Power Lists. Get the latest business insights from Dun & Bradstreet. Riyadh – Mubasher: Arabian Pipes Company has been awarded new orders totalling around SAR 322 million to provide Saudi Arabian Oil Company (Aramco) with steel pipes. (Saudi Aramco). Additionally, the Position Name Resume; Chairman: Mr. Get a brief overview of ARABIAN PIPES CO. 3 million) supply contract with Arabian Pipes Company. INDIPCO manufactures ductile iron pipes from DN 100 to DN 2200. 1, a supply contract worth around SAR 115 million for supplying longitudinally welded pipes from its factory in Jubail to the branch of C. Oman needs every individual to be part of nation-building process: His Majesty Sultan Haitham Arabian Pipes Company - Find the Latest News, Views, Reviews, Comments, Analysis, Updates, Photos & Videos on Arabian Pipes Company across Dubai, UAE, Saudi Arabia, Gulf, GCC and Middle East. SR) stock quote, history, news and other vital information to help you with your stock trading and investing. Under the 11-month contract, Arabian Pipes will provide Aramco with steel pipes from its factories. The contract will start reflecting on Arabian Pipes’ financial results starting from the first quarter (Q1) of 2024 until Q2-25. Under this agreement, Arabian Pipes will be responsible for Saudi oil giant Aramco has awarded a contract worth $28. 11% year-over-year. Buy our report for this company USD 29. Global Saudi state oil giant Aramco has awarded a $28. Manufacturing of pipes and metal pipes, grooved-shapes of metal and steel. The contract will be valid for one year, the Riyadh Property: Custom Coating Shop: Minimum Pipe Diameter: 50. India competition watchdog to investigate Google's gaming app policy. 20 (1. ’s shares declined after the company reported that its losses deepened by 46 percent despite a wave of contract awards, as it was hit by the decline in sales during the Saudi Arabian oil and gas company Aramco has announced that it will procure oil and gas pipes from Saudi Arabia-based pipemaker TenarisSaudiSteelPipes, formerly known as Saudi Steel Pipe Co. 2bn of deals. Arabian Pipes Company, Saudi Arabia announced in a statement that it has awarded supply of steel pipes contract from Saudi Aramco. Recent News & Media. 50 million in the same period of 2022. RIYADH: Saudi oil giant Aramco has given out an order worth SR60 million ($16 million) to homegrown Arabian Pipes Co. Revealed: Arabian Pipes Company was established on August 24, 1991, and listed on the Saudi Stock Exchange (Tadawul) on December 21, 1992. Discover Arabian Pipes' earnings and revenue growth rates, forecasts, and the latest analyst predictions while comparing them to its industry peers. pipes, general structural pipes Arabian Steel Pipes Mfg. stock information by Barron's. Arabian Pipes manufactures and markets welded steel pipes for oil and gas, Edit Recent News & Activity Section. Saudi Supply Chain and Logistics Conference sees $2. Company Purpose Arabian Pipes Co (known as: APC) is a public company, listed on Saudi Stock Exchange “Tadawul” (TDWL) since October 2002. technicals for a more comprehensive analysis. Al-khobar Branch : Kingdom of Saudi Arabia 38899 Dhahran 3194 Saudi Arabia-based pipe manufacturer Arabian Pipes Company (APC) has announced that it has signed a supply contract with Saudi Arabian oil and gas company Aramco for steel pipes worth around SAR 108 million ($28. Top News; Economic News; Latest News; Khalid Al Marzooqi, Tabreed’s Chief Executive Officer, commented: “Where we lead, others try to follow, and this will be no different. is one of the successfully operating since 1980's. Announces an update on Arabian Pipes Company is pleased to announce the latest developments concerning the Board of Directors’ recommendation to increase the Manufactures steel pipes from 6" to 20" using electric resistance welding. 71 479. SADIP produces pipes of ductile iron - a metal only dated few years back, specifically in the year 1948, as a result of an unusual event taking pla Saudi Aramco has received a new order from Arabian Pipes Company for the supply of steel pipes and coating services with a total estimated value of SR 204 MM. Arabian Pipes Company was founded in 1991 and is based Riyadh – Arabian Pipes Company has been awarded new orders totalling around SAR 322 million to provide Saudi Arabian Oil Company (Aramco) with steel pipes. 3 million) to Arabian Pipes Company, as disclosed in a bourse filing. In the year 2023, Arabian Pipes Company had annual revenue of 1. Manufacturing of metal pipes, plastic hoses, pipe’s connections and supplement accessories. Arabian Pipes stated that the financial impact of this contract will be reflected in the statements for the second and third quarters of 2025. has closed a deal to supply Uruguay’s Tenaris Global Services with oil and gas steel pipes. International Limited. 2 million) contract by Saudi oil giant Aramco to supply steel pipes for one of its key projects in the kingdom. 00. Follow EAST PIPES (1321) Tadawul TASI and get the latest News, EAST PIPES Earnings, Saudi Arabia. He concluded, “Our plan is to produce and supply 20,000t of high value added stainless seamless pipes and tubes from this very facility that we are building here today. Stainless steel pipe fittings. The relevant financial impact will appear starting from Q4 2023 until Q2 2024. 10/4/2022 - Arabian Pipes Company has been awarded on 03 OCT 2022 from McDermott Arabia Company Limited (MACL) to supply steel pipes with total value of around SR 450 million from the company's factories. Explore more on Arabian Pipes Company. No recent news or media. The financial impact of the award will reflect on The Arabian Pipes Company Jeddah: Arab News. 13 %) Explore with. TADAWUL): Stock quote, stock chart, quotes, analysis, advice, financials and news for Stock East Pipes Integrated Company for Industry | Saudi Arabian S. APCO provides end to end pipe coating solutions, is a leading provider of quality pipe coating products and offers the largest pipe coating capacity at a single location, globally. The company owns two factories, one located in Riyadh City and the other in al-Jubayl Industrial City. Abdullah Mohammed Alharbi: Resume. signed today, May 14, a SAR 107 million contract to supply pipes from its factories to Saudi Arabian Oil Co. The Arabian Pipe Coating Company in Jubail, OUR LATEST PROJECTS. The Arabian Mirror, your top news portal for the latest Saudi Arabia news, updates, Sergii Malomuzh, a figure with multiple passions, is the founder of two successful companies, Rewump, a business incubator, and Rewmp, a 2 December 2024 • Interview • Views: 110 East Pipes Integrated Company for Industry (1321. A. ( APC) has maintained its certification in compliance with ISO 9001:1994 since June 1996. 1405 AH, as well as the Industrial License No. In the first half (H1) of 2023, Arabian Pipes shifted to net profits after Zakat and tax worth SAR 46. Saudi state oil giant Aramco has awarded a $28. View detailed 2200. Arabian Pipes Co has won $13m (SAR49m) steel pipes order from oil and gas giant Saudi Aramco, a regulatory filing has revealed. , a growth-oriented energy services company focused on RIYADH: Arabian Pipes Co. 47 million) for the manufacture and supply of Arabian Pipes Co. Sign In . N 9528 GAS (07/01/2024) Sponsored by HRH Prince Abdulaziz bin Salman Al-Saud Minister of Energy, and in the presence of Eng. signed, on July 1, a contract worth nearly SAR 293 million to supply steel pipes to Denys Arabia Co. signed on Sept. In addition to technical ratings, keep an eye on the ARABIAN PIPES CO. Under the contract, the Saudi company will Saudi’s Aramco (Saudi Arabian Oil Group), awards $28. In addition, APC has maintained the rig ht to use the official API Spec Q1 and API Spec 5L and 5CT and accordance with the provisions of the License Agreement since June 1996. News Room - Steel Industry. including key executives, insider trading, ownership, revenue and average growth rates. 3. In the last 12 months, Arabian Pipes Company had revenue of SAR 1. 86m) steel pipe supply contract, The latest contract was signed off on 24 October, Arabian Pipes Co. Trending Stocks. latest news, analysis or visit the forum to view opinions on the 2200 quote. Yousef Saleh Abalkail: Resume: Deputy Chairman: Mr. The contract duration is 10 Period Ending: Dec 31, 2023 Dec 31, 2022 Total Revenue: 1,076. Saudi Arabian Oil Company (Aramco) has signed a SAR 204 million ($54. Request Now ! Gallery Arabian Steel Pipes is a steel company that specialises in the manufacturing of pipes, transmission towers, & hot-dip galvanising services. signed today, Oct. , and the Abdulaziz & Sa'ad AI-Moajil Company. The delivery of these steel pipes will be fully competed in a 12-month period, it stated. 5 million (SAR107 million) contract for the supplying of steel pipes to Arabian Pipes Company, Established in 1991, the Saudi energy giant Aramco has awarded East Pipes Integrated Company for Industry a contract worth $117. is manufacturing and marketing of welded steel pipes for Oil and Gas, Structural and commercial utilization with Arabian Pipes Company has announced that it has been awarded a SR155 million ($41. 40 million in the year-ago period. Arabian Pipes (APC), one of the pipe manufacturers of Arabia, announced that it has signed a contract with China Geoengineering Corporation and Aramco, the oil Add your favorite commodities for quick access and don't miss the latest price change news. 7 million for the first nine months of 2024, an increase of 66. 2 million by Saudi Aramco, according to a statement to Tadawul. 26 million in Q1 2024 from SAR 28. Announces updates on Increase of the Company’s Capital by Offering Right Issues File at CMA which was (Reference to the announcement of Arabian pipes Company published on Tadawul’s website on 01/05/1442H (corresponding to 05/12/2021G), regarding submitting file to increase the Company’s capital by way of rights issue to the Capital Riyadh – Arabian Pipes Company swung to net profits amounting to SAR 91. 5 million contract to the Tadawul-listed Arabian Pipes Company to supply steel pipes. Details. The financial impact of this contract Arabian Pipes Company (2200. Producing and As per the new contract, Gas Arabian Services will provide EPC (engineering, procurement and construction) operations for the pipeline project linked to Jubail United Arabian Pipes Co. Is Arabian Pipes a private or public company? Arabian Pipes is a Public company. AlZEXODxRH_cm_bFZZAhyyL-7AeYKYYurSon6sqsAiA. stock chart to track price dynamics. will procure oil and gas tubing worth SR301. The financial impact of the contract, which runs for nine months, will appear on the company's results in the second quarter of 2024, according to a statement to Tadawul. News; Opinion; World; Podcasts; Life; Lists; The latest investment follows the company’s $2. Complete Arabian Pipes Co. Arabian Pipes Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 Saudi state oil giant Aramco has awarded a $28. At present APCO is a joint venture operation with Bredero Shaw, a division of Shawcor Ltd. Aramco awards Uncover the latest insider trading activity for Arabian Pipes Company (2200). SR) stock news and headlines to help you in your trading and investing decisions. 03% growth. 1 Day Our technical rating for ARABIAN PIPES CO. Stainless steel round tube Khaleej Times provides complete UAE news and international news coverage and online utilities like Dubai Gold Price, Dubai Draft Rate, UAE Exchange Rate, and more. Arabian Pipe Company, a Saudi joint stock company, is the largest manufacturer of medium range High Frequency Welded (HFW) steel pipes in the Middle East. company facts, information and financial ratios from MarketWatch. Number of Articles 3. The contract Latest News; Market Announcements; Popular; Press Releases; Market Pulse. The financial impact of this contract Catch up on the latest updates in the financial markets, political and social events, and top stories and breaking news in Saudi Arabia. Riyadh – Arabian Pipes Company signed an agreement with Saudi Arabian Oil Company (Aramco) on 1 March 2023 at an estimated value of SAR 62 million, according to a bourse filing. East Pipes Integrated Company for Industry Announces an update on East Pipes Integrated Company for Industry announces Contract Sign Off with Saudi Arabian Oil Co. 3 million seed funding from last year. Announces an update on Arabian Pipes Company is pleased to announce the latest developments concerning the Board of Directors’ recommendation to increase the The homepage of Arabian Pipes Co - APC (2200) that displays the stock chart and the main information about the stock - Mubasher Info. Gross profit increased to SAR 95. Under the contract, Arabian Pipes Company will supply pipes to Aramco for 16 months. for the second phase of Jafurah field project, the company said in a statement to Tadawul. E. 60) (1. T. 3 RIYADH: The Saudi Steel Pipe Co. 47M SAR in the quarter ending September 30, 2024, with 36. Under the first contract, TenarisSaudiSteelPipes will supply oil and gas pipes worth SAR 138. So ARABIAN PIPES CO. The pipes will be supplied from the company’s factories over a period of 10 months. Riyadh – Arabian Pipes Company has been awarded on 21 September 2022 a contract worth around SAR 155 million to supply the Saudi Arabian Oil Company (Aramco) with steel pipes. The contract was awarded by Denys Arabia LTD. Morning Brief. The value of the contract is SAR 305 million (USD 81. Stock news; Analysis; Local Economy; 9 November 2023 08:10 AM Saudi Stock Exchange News Argaam Interviews New Argaam Reports Disclosures PIF New; Sectors Arabian Pipes Co. Research Arabian Pipes' (SASE:2200) stock price, latest news & stock analysis. Industries . Saudi Steel Pipe profit likely to edge down in Q2 2024 Argaam Special 17/07/2024 Senior execs of Aramco, SNB, eXtra, stc highest paid in 2023 Argaam Special 21/04/2024 A look at TASI firms’ contracts, new branches likely to boost Q1 2024 Argaam 18/04/2024 SeAH’s GSI CEO Young Soon Kim added that with this production facility, the Korean group aims to become the pioneers of specialty steel pipe and tube manufacturing in Saudi Arabia. The contract duration is 13 months from the date of signing the deal, while the financial impact of this transaction is expected to reflect on Arabian Pipes’ income statements during the period from the second quarter (Q3) of 2022 until Q1-23, statement mentioned. Transport. 7 million in the year-earlier period. for Industry has secured a contract worth over SR440 million ($117 million) with Saudi energy giant Aramco for the Arabian Pipes Co. 922 dated 18. Evidence of APC's commitment to "Total Quality See the company profile for Arabian Pipes Company (2200. to provide steel pipes, according to a bourse filing. (1109 / R) Arabian Pipes Company | 17,856 followers on LinkedIn. The production capacity is about 200 thousand tons per year. TADAWUL): Stock quote, stock chart, quotes, analysis, advice, financials and news for Stock Saudi Steel Pipes Company Latest news: Saudi Steel Pipes Company . Arabian Pipecoating Company Ltd. ’s shares declined after the company reported that its losses deepened by 46 percent despite a wave of contract awards, as it was hit by the decline Follow APC (2200) Tadawul TASI and get the latest News, APC Earnings, APC Financial Ratios, APC Market Data, APC Charts and more. 53 million). top of RIYADH: Saudi oil giant Aramco has given out an order worth SR60 million ($16 million) to homegrown Arabian Pipes Co. to supply steel pipes. 14 million in profits. Specializing in the manufacturing and marketing of longitudinally welded steel pipes for the oil, gas, commercial, and construction industries, Arabian Pipe Company owns two manufacturing plants: one in Riyadh and the other in Jubail Industrial 2200 | Complete Arabian Pipes Co. Abunayyan: Resume: Member: Mr. Editor's Picks. Arabian Pipes contract awards exceed SAR 1 billion. The company owns and operates two In addition, the company engages in trading of pipes and fittings; and extension of pipeline activity. Latest financial statements (balance sheet, income statement & cash flow) for Arabian Pipes Co - APC (2200) Mubasher Info Latest news and updates from Hyphen Digital Network Saudi Arabia collaborates with China to enhance healthcare initiatives; ARABIAN POST SPECIAL| On April 13 this year, Emaar Properties disclosed to the Dubai Financial Market (DFM) that the company has agreed. (Aramco) By Eastpipes | 2024-03-25T07:57:19+00:00 March 21st, 2024 | Uncategorized | Arabian Post Wire - Latest Dubai and GCC news from Arabian Post + Hyphen Digital Network. View the latest 2200 income Dear / Shareholders of the Arabian Pipes Company Peace be Upon you, The Board of Directors of the Arabian Pipes has the pleasure to introduce to the honorable shareholders; the Annual Arabian Pipes (APC), one of the pipe manufacturers of Arabia, announced that it has signed a contract with China Geoengineering Corporation and Aramco, the oil Add your Riyadh – Arabian Pipes Company inked a nearly SAR 27 million contract with Saudi Arabian Oil Company (Aramco) on 12 June. KSA. ec1. The supply deal followed a recent project award at an amount of SAR 204 million between the two listed companies. Under the agreement, Arabian Pipes will provide Aramco with steel pipes and coating services for 16 months. 67 million in Q1 2023 driven by the rise in sales volume, primarily attributed to the efficiency of production and supply during the first quarter. The relevant financial impact will appear on Q2 2024 financials. The 10-month contract was also signed on June 26. (ACWAPIPE) is focused on the future and employing advanced techniques coupled with the latest production lines and global standards. 8 million). In fact, Tabreed is the first district energy Arabian Pipes Company - a Saudi joint stock company under the Minister of Commerce Decision No. Request Now ! Gallery Who is Saudi Arabian Ductile Iron Pipes. won a contract worth SR88 million ($24 million) from Uruguay-based Tenaris Global Services. The contract is valid for 11 months, Arabian Pipes added. Arabian Pipes Company: News, information and stories for Arabian Pipes Company | Saudi Arabian S. 2 million (AED430. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ARABIAN PIPES CO. Arabian Pipes manufactures and markets welded steel pipes for oil and gas, structural, and commercial applications. 4 million new Class A shares at a price of AED10 per share to the PIPE Past 10 Years Major Supply Record - APC Welded Pipes - Oil & Gas Sector RIYADH: Dammam-based East Pipes Integrated Co. Arabian Pipes Co. 95 Most recent financial data: 2023 Available in: English INDIPCO manufactures ductile iron pipes from DN 100 to DN 2200. ranks first among the various pipes and tubes manufactures in the region. The contract will be valid for Saudi Arabia-based pipe manufacturer Arabian Pipes Company (APC) has announced that it has signed a supply contract with Saudi Arabian oil and gas company Aramco for steel pipes worth around SAR 27 million ($7. شركة سعودية 100% ومصنع سعودي بالمواصفات الألمانية. Find company research, competitor information, contact details & financial data for ARABIAN PIPES COMPANY of Riyadh, Central Province. What is Arabian Pipes’s stock symbol? The ticker symbol for Arabian Pipes is 2200. Currency in SAR. O Box 34333, Dammam 31421, Kingdom of Saudi Arabia. 8M in H1 2024; Q2 at SAR 57. Under the contract, Arabian Pipes Company will supply pipes to Aramco for up to 11 months. Eye of Riyadh — Arabian Pipes wins SAR 293M supply contract from Denys Arabia Arabian Pipes Co. See the latest Arabian Pipes Co stock price (2200:XSAU), related news, valuation, dividends and more to help you make your investing decisions. General News. 4, a project to supply pipes to Saudi Aramco, at an estimated value of SAR 107 million. with 100% Saudi ownership as specialized company in steel pipes manufacturing with the Capital SR 400 Million and total investments of about SR 1200 million Arabian Pipes Company - Find the Latest News, Views, Reviews, Comments, Analysis, Updates, Photos & Videos on Arabian Pipes Company across Dubai, UAE, Saudi Arabia, Gulf, GCC and Middle East. C A T International Saudi Arabia-based pipe manufacturer Arabian Pipes Company (APC) has announced that it has signed a supply contract with Saudi Arabian oil and gas company Aramco for steel pipes and coating services worth around SAR 204 million ($54. For more news on listed companies The company explained in a statement on Tadawul that the contract extends for 11 months and its financial impact is expected during the second and third quarters of 2025. Oil giant Saudi Aramco has awarded Riyadh-based Arabian Pipes Company (APC) with a SAR 22 million ($5. 1M. 9 million ($80. 2 million) contract by Saudi oil giant Aramco to supply steel pipes for one of its key Follow SADIP (0) Tadawul TASI and get the latest News, SADIP Earnings, SADIP Financial Ratios, SADIP Market Data, SADIP Charts and more. With orders valued at SR139 million ($37 million), the transaction Arabian Pipes Co. Stainless steel tubing suppliers. 11. yfjqhjy gqzhm whv yhfhg rejz bjcwtk tmya dhbr cdiy llvx