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- SABIC swings to $410m profit as operational gains offset weak sales
- Group Five Pipe Saudi Co. Wins Major Contract for Ras Al-Khair Water Transportation System
- Group Five Pipe secures $1.2bn Saudi contracts
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- Dubai: Gold prices slip in early trade as yellow metal trades below $2,900
- NBB reports 4% rise in 2024 profits to $217m
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- AD Ports opens first inland dry port facility in Abu Dhabi
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.
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Trade Arabia
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