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- Presight Q3 revenue up 15.3%; firm accelerates global expansion
- Abu Dhabi Islamic launches debut AED-denominated sukuk for investors
- Al Salam Bank delivers record profitability in Q3
- flynas launches "Saudi Experiences" to boost tourism, support communities
- Adnoc Gas records Q3 net income of $1.3bn, up 8pc
- Jacobs JV with AECOM to deliver design services for Riyadh's The Mukaab
- TAQA reports 9-month profit of $1.66bn
- Asian stocks rise with focus on Fed, tech as US government reopens
- KIPCO reports a net profit of KD 13.4 m for first 9 months
- Ahli Bank issues QAR 500 million bonds
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
14/11/2025
The second day of the Saudi Tourism Development Fund's participation in the TOURISE 2025 forum witnessed the signing of qualitative agreements with a total value exceeding SR700 million ($186.6 milli
Arab News
13/11/2025
Qatar's growing appetite for bespoke luxury is helping shape Rolls-Royce's global future, CEO Chris Brownridge told Gulf Times in an exclusive interview during his visit to Doha.
From desert
Gulf Times
13/11/2025
DP World has officially commenced operations at Tartus Port following a formal handover from the Syrian General Authority for Land and Sea Ports, marking the start of an extensive $800 million modern
Gulfnews
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14/11/2025
Jacobs, in joint venture with AECOM, has been appointed by New Murabba Development Company to provide design services for the landmark The Mukaab - the iconic centerpiece of Riyadh's New Murabba deve
Trade Arabia
14/11/2025
The Qatar Investment Authority (QIA), the country's sovereign wealth fund, has invested in d-Matrix, a pioneer in generative AI (artificial intelligence) inference for data centres.
Valued a
Gulf Times
14/11/2025
The UAE is emerging as a standout performer in the Gulf, transforming lower oil prices into a catalyst for innovation, trade expansion, and sustainable growth. As Opec+ increases production and cr
Khaleej Times
14/11/2025
Midad Real Estate Co. has entered a landmark joint venture with Jeddah Central Development Co. - a subsidiary of the Public Investment Fund - and Kerzner International, the global hospitality group b
Arab News
14/11/2025
King Saud University's College of Engineering is positioning itself as a proving ground for a new kind of Saudi engineer - one who treats AI not as a mere software tool, but as an engineering layer t
Arab News
Financial Information Co.
Saudi Arabia