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- Foreign funds' substantial buying lift QSE 112 points as Iran-Israel tension eases
- UAE's ADQ to buy 35% stake in global seed producer Limagrain
- Tamkeen, Zoho launch new programme for Bahraini SMEs
- Saudi healthcare group SMC raises $500m in debut IPO
- Air Arabia to resume flights to Iran, Iraq, Georgia, Armenia as regional airspace reopens
- Bahrain All Share Index closes higher
- Commercial Bank organises contractors financing workshop
- Borouge to set up petchem sector's first AI control room
- Mashreq expands global reach with new office in Turkiye
- Kuwait crude oil drops to $69.98 per barrel
02/11/2023 08:01 AST
Group Five Pipe Saudi Co. proudly announces the award of the highly-anticipated Ras Al-Khair water transportation system project to Riyadh in partnership with the Saline Water Conversion Corporation (SWCC). The official announcement was made on 1 November 2023 (17 Rabi' al-Thani 1445 in the Islamic calendar).
The project's value exceeds 3 billion SAR, including value-added tax, highlighting the significance of this venture. The scope of work involves the manufacture and supply of spiral-welded steel pipes, which are crucial for efficiently transporting water from Ras Al-Khair to Riyadh.
This monumental project stands as a testament to Group Five Pipe Saudi Co.'s engineering and manufacturing capabilities. With no related parties involved, the company will oversee the entire process to ensure timely and high-quality delivery.
Tadawul
26/06/2025
Saudi Arabia's point-of-sale spending in the education sector saw a weekly rise of 666 percent to reach SR193.26 million ($51.53 million) by June 21, according to official data.
The latest f
Arab News
25/06/2025
Oil prices extended losses on Tuesday to hit a two-week low on what the market viewed as lower risk of supply disruptions in the Middle East, though US President Donald Trump accused both Israel and
Reuters
24/06/2025
Saudi Arabia's Vision 2030 prioritizes enhancing the performance of government bodies and institutions across the public, private, and non-profit sectors, recognizing their vital role in driving econ
Arab News
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26/06/2025
Abu Dhabi-based sovereign investor ADQ is in advanced talks to acquire a 35% stake in Limagrain Vegetable Seeds (LVS), one of the world's largest vegetable seed producers. The proposed transaction ma
Gulfnews
26/06/2025
Bahrain's Labour Fund (Tamkeen) has announced the launch of a new programme to support digital transformation for the local small and medium enterprises (SMEs) in partnership with Zoho, a leading glo
Trade Arabia
26/06/2025
The price of Kuwait crude oil reached $69.98 per barrel during Tuesday's trading, compared with $76.32 per barrel on Monday, Kuwait Petroleum Corporation said.
Brent crude dropped by $4.34
Trade Arabia
26/06/2025
Major UAE developers are eyeing the lucrative $110.83 trillion real estate market in the United States, after their successes in the UAE market, which saw real estate transactions exceeded Dh893 bill
Khaleej Times
26/06/2025
The World Bank has warned that escalating tensions between Iran and Israel pose a serious threat to economic stability across the GCC region, potentially derailing growth prospects and intensifying g
Khaleej Times
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