Arabian pipes company latest news. Arabian Pipes: Arabian Pipes awarded $28.

Arabian pipes company latest news August 25, 2024 . Arabian Pipes Company News & Analysis. the CMA has issued its resolution approving Arabian Pipes Co. ConstructionWeekOnline. (ACWA Pipe) TASI. stock exchange. SR) including business summary, industry/sector information, number of employees, business summary, corporate governance, key executives and Manufactures steel pipes from 6" to 20" using electric resistance welding. Follow APC (2200) Tadawul TASI and get the latest News, APC Earnings, APC Financial Ratios, APC Market Data, APC Charts and more. 12% to reach USD 6. won, on Aug. Arabian Pipes Company | 17,910 followers on LinkedIn. 11% year-over-year. RIYADH: Arabian Pipes Co. Algosaibi Bros. Start of main content. 7 Argaam 06/10/2016. Arabian Pipes Distributes Fractions Shares Sale Proceeds to Shareholders Aug. 34bn plan for natural gas pipeline expansion . Apply for a job Arabian pipes co. AlZEXODxRH_cm_bFZZAhyyL-7AeYKYYurSon6sqsAiA. r6-YaBvksfUchIY_yFjYybpCj3XbNqjcCnt_mqJUNE0. Projects and Tenders. 76% growth. The pipes are used in water, irrigation, drainage and gas pipelines. Posted in Energy, Latest News, UAE ADNOC Gas announces $1. to access new leads and connect with decision-makers. Articles. Pakistan Edition arabian pipes; arabian pipes  Latest updates. KSA. APC is based in Riyadh, Saudi Arabia and was established in August 1991. News; بالعربية. for the supply of steel pipes. Access business development tools by signing up for the LSEG's Company Data product. Follow. 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 utilization. Explore more on Arabian Company profile for Arabian Pipes Co. 34 Arabian Pipes Company (A Saudi Joint Stock Company) Notes to the Financial Statements For the Year Ended 31 December 2022 (All amounts are in Saudi Riyal "000" unless otherwise stated) 24. Arabian Saudi Arabian Oil Company (Aramco) has signed a SAR 204 million ($54. Aug 05, 2024. See many years of revenue, expenses and profits or losses. reported a net profit of SAR 111. The two entities signed the agreement on 1 July 2024, according to a Arabian Pipes Co. , and the Abdulaziz & Sa’ad AI-Moajil Company. Arabian Pipes: Arabian Pipes Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024. 00 (0. Arabian Pipes Company. rkhobar@apco-coating. 36 %) Riyadh – Mubasher: 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. Mubasher TV. Stay informed with the latest breaking news in the UAE and get the most relevant stories from Gulf News. Arabian Company for Water Pipe Industry Ltd. 80 1. to supply steel pipes. with 100% Saudi ownership as specialized company in steel pipes manufacturing with the Capital SR 400 Million and total investments of The integration of Saudi Steel Pipe into Tenaris in 2019 marked an important step to expand the company’s footprint and capabilities in Saudi Arabia. The duration of the contract is 11 months, according to an exchange filing. Detailed annual and quarterly income statement for Arabian Pipes Company (TADAWUL: 2200). Available Jobs. H. LTD. Get the latest business insights from Dun & Bradstreet. Box 106, Al-Khobar 31952. ’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) awarded a supply contract worth SAR 204 million ($54. RIYADH: Dammam-based East Pipes Integrated Co. 16 reviews. 9 million in the year-earlier period. View All Contacts . Equity Profile Arabian Pipes Company (“the Company”) is a a Saudi Joint Stock Company formed in accordance with the 4- The Company was able to obtain new supply contracts with Saudi Aramco, and the total value of the unexecuted contracts was SAR 915. 28B, up 36. Tables with accounting and financial reporting. has established itself as a and efficient service. 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 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 company of Saudi Arabia, for the supply of pipes. In the last 12 months, Arabian Pipes Company had revenue of SAR 1. has established itself as a leading manufacturer of high quality ERW steel pipes N/Aes Co. Arabian Steel Pipes Co. 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 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 concerned parties that is arising to its business by identifying and implementing continual improvement activities through setting, review and regular monitoring of QEHS Targets and Arabian Pipes Company | 16,547 followers on LinkedIn. In a filing on the Saudi stock exchange, the group said it will supply the state-owned oil and gas giant with longitudinal-submerged arc-welded (LSAW) pipes. Business, construction, NEWS, Projects, Saudi Arabia. 15. approved the board's recommendation to increase capital by 50% via a one-for-two bonus issue and the capitalization of SAR 50 million from the retained earnings. Latest news: Arabian Pipes Company . Arabian Pipes Company | 15,027 followers on LinkedIn. See the company profile for Arabian Pipes Company (2200. Under the agreement, Arabian Pipes will provide Aramco 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. Arabian Pipes Co specializes in manufacturing and selling welded steel pipes for oil and gas, structural, and commercial use, with a total average capacity of 460 thousand tons per year. LSAW Plant Jubail : Kingdom of Saudi Arabia 1620 JUBAIL 31951. . The production capacity is about 200 thousand tons per year. P. 3. has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/08/2024 ,inter alia, to consider and approve Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a meeting of the Board of Directors of the Company will be held on Arabian Pipes Company (“the Company”) is a Saudi Joint Stock Company formed in accordance with the Companies Regulation and is registered in the Kingdom of Saudi Arabia (“KSA”) under the Commercial Registration No. Apply for a job. pipes, general structural pipes Arabian Pipes Company SJSC. (2). 94. In addition, the company engages in trading of pipes and fittings; and extension of pipeline activity. 60. 03% growth. Search form. The duration of the contract is 11 months, according to an Arabian Pipes Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 Riyadh – Saudi Arabian Oil Company (Aramco) awarded Arabian Pipes Company a SAR 204 million supply deal on 13 September 2023, according to a bourse filing. Company Bylaws. Although, it's not wise to just take the P/E at face value as there may be an explanation why it's so limited. 40 (-0. 50 billion in 2024 and grow at a CAGR of 4. mena - english; uae - english; ksa - english; الشرْقُ الأوسَط View today's Arabian Pipes Company stock price and latest 2200 news and analysis. was awarded a deal worth SR80. 8, 2025, according to a statement to Riyadh – Saudi Arabian Oil Company (Aramco) awarded Arabian Pipes Company a SAR 204 million supply deal on 13 September 2023, according to a bourse filing. 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 In a filing to the Saudi bourse Tadawul, the supplier notified that it has been awarded a new order for the supply of steel pipes to Denys Arabia Ltd over the course of the next 10 months. 08B with 124. 1 new update. The decision came during the extraordinary general meeting (EGM) held on July 10, according to a statement to Tadawul. Activity : Arabian Pipes Co (known as: APC) is a public company, listed on Saudi Stock Exchange “Tadawul” (TDWL) since October 2002. and Sumitomo Corporation are the major companies operating in this market. Revenues have been growing at an average rate of 12. Trending. 2200 139. Breaking News. Top Gainers; Top Losers; Most Active; Daily market news in bullet point format. Tel : (+966) 13 882 2933. 7% per year. SHARE 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 Report of the Financial Year closing on 31/12/2022. Quarterly Results; 1. Jan 7 Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, Arabian Pipes. Popular Links. 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 Arabian Pipes Company: News, information and stories for Arabian Pipes Company | Saudi Arabian S. Policies of Use. top of page Our Vision: Bring Saudi Arabia to the world. Edit Details Section. 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 Arabian Steel Pipes Manufacturing Co. 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 Pipecoating Company (APCO) was established in 1983 by the A. In addition, APC has maintained the right 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. Add to Watchlist. Saudi Arabia shares lower at close of trade; Tadawul All Share down 0. f92e68389ff3b378. The factory started work in 2009 in Jubail Industrial City | INDIPCO manufactures ductile iron pipes from INDIAN HUME PIPE CO. 7 million (SR59 million). Products Arabian Pipes Company | 16,778 followers on LinkedIn. Contact Us ; Email; Investor Relations. The CMA has announced its resolution approving Arabian Pipes Company's request to increase its capital by way of rights issue valued at SAR (300,000,000). Announces Contract Sign Off with Denys Arabia LTD Explanatory announcement from the Arab Pipe Company regarding the Arab Pipe Company’s announcement of the latest developments regarding the Board of Directors’ recommendation to reduce the company’s capital and then increase it through a Saudi state oil giant Aramco has awarded a 107 million riyals ($28. (434 / R) dated 12. Arab Pipe Company was established in 1991, a 100% Saudi joint stock company specialized in the steel pipe industry with a capital of 400 million riyals and the total current investment exceeds 1200 million riyals. Company Company Profile; Arabian Pipes Co. The contract is valid for 10 months, Arabian Pipes noted, adding that there are no related parties. 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 Saudi’s Aramco (Saudi Arabian Oil Group), awards $28. : 2200 | Saudi Arabian S. Stay updated on Saudi Arabia’s news, events, and national developments. Under the terms of the agreement, Arabian Pipes will provide steel pipe and coating Arabian Pipes Co. 1. Arabian Pipes: Arabian Pipes awarded $28. Find out what works well at Arabian Pipes Company from the people who know best. Human Resources . 3. Other income, net Riyadh – Arabian Pipes Company inked a nearly SAR 27 million contract with Saudi Arabian Oil Company (Aramco) on 12 June. The contract will be valid for 18 months, a statement by the Company profile page for Arabian Co for Water Pipe Industry Ltd including stock price, company news, executives, board members, and contact information News & Events; News; Announcements; Disclosures; Corporate Actions; Calendar; Stock Request Company Profile Update. 2200 117. Manufacturing of metal pipes, plastic hoses, pipe’s connections and supplement accessories. Announces Contract Sign Off with Saudi Aramco Arabian Pipes Company | 17,912 followers on LinkedIn. Manufacturing of pipes and metal pipes, grooved-shapes of metal and steel. (APC) TASI. News > Market Investors-Arabian Pipes Company. 6%, while the Metals and Mining industry saw earnings growing at 14. The rights issue prospectus will be posted and made available to the public at a Find the latest highlights on Arabian Pipes Company at the Saudi Arabian S. Arabian Pipes Company | 16,091 followers on LinkedIn. 80) (0. Nov 09, 2024. Product/Service. This follows an earlier announcement published on Tadawul’s website on Setp. Evidence of APC's commitment to "Total Quality See company data and latest news on ZAWYA. Top Brokers. 8M in H1 2024; Q2 at SAR 57. mena - english. C A T International Arabian Pipes Company awarded SR 66 MM order for the supply of steel pipes to Saudi Aramco Date of Announcement of the Award 2021-11-11 Corresponding to 1443-04-06 Latest news about Arabian Pipes Company . 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 Latest News. Arabian Pipes has been growing earnings at an average annual rate of 49. It is also involved in bending, shaping, and threading pipes outside and inside Income Statement. New Launches; ETF Providers; News. Arabian Pipes Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 Nov. Search . RIYADH: Arabian Pipes Co. 25 SynopsisArabian Pipes Company, a Saudi Arabia-based pipe manufacturer, has inked a significant supply deal with international contractor Br. Arabian Pipes Company , EEW Group, Rezayat Group, Vallourec S. 3 million) supply contract with Arabian Pipes Company. 1411AH corresponding to 01. Arabian Pipes Company (2200) Introduction: The company has achieved strong and historic revenue growth, with total revenue reaching 1,076,711 Saudi Riyals in 2023, as stated in the financial statements for the year. com +966 11 2650123 +966 11 2650312 +966 13 3400800: Head Office : Kingdom of Saudi Arabia 42734 Riyadh 11551. A. Arabian Pipes stated that the financial impact of this contract will be reflected in the statements for the second and third quarters of 2025. Find everything from its Valuation, Future Growth, Past Performance and more. Producing and marketing longitudinal coated welded pipes for the use of pipelines, as well as for construction and commercial purposes. Switch To Old Switch To New The Arabian Pipe Coating Company has extensive experience in providing complete offshore coating solutions throughout the Gulf Region. 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. Advanced Company Analysis P/E Return on Equity (ROE) Book Value Accumulated Losses Revenue And profitability Dividends ; Arabian Pipes Co. 8 million in H1 2024, marking a jump of 96% from SAR 56. Create real-time notifications to follow any changes in the live stock price. New. 5 million contract to the Tadawul-listed Arabian Pipes Company to supply steel pipes. Co. 47M SAR in the quarter ending September 30, 2024, with 36. 3 million) to Arabian Pipes Company, as disclosed in a bourse filing. 5 million (SAR107 million) contract for the supplying of steel pipes to Arabian Pipes Company, Established in 1991, the company has a total current investment Top and Latest News of Arabian Pipes Co - APC (2200) and all historical news - Mubasher Info. 68 million for Q1 2023 as a result of higher sales volume. Its facility, within an investment exceeding $199. 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 Arabian Pipes Company (APC), a Saudi Joint-Stock Company, was established by the leading business group in the Kingdom of Saudi Arabia and aims to be the leading industrial center in the region specializing in the supply of a wide range of bare and coated steel pipes suitable for application in sectors including oil and gas, chemical and petrochemical, constructions, and info@arabian-pipes. 1010085734 dated 14 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 RIYADH: Saudi Steel Pipe Co. 2. Announces an update on Arabian Pipes Company is pleased to announce the latest developments concerning the Board of Directors’ recommendation to increase the company’s capital by offering priority rights shares. Find the composition of the Board of Directors of Arabian Pipes Company (Saudi Arabian S. Under this agreement, Arabian Pipes will be responsible for Saudi state oil giant Aramco has awarded a 107 million riyals ($28. 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. Additionally, there has 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. Kingdom Of Saudi Arabia. The contract will be valid for one year, the Riyadh ARABIAN PIPES COMPANY Address. E Arabian Pipes Company | 15,007 followers on LinkedIn. Arabian Pipes. APCO is growth-oriented energy services company focused on technology-based News & Community. is manufacturing and marketing of welded steel pipes for Oil and Gas, Structural and commercial utilization with sizes range from 6 to 48 inch. Market Movers. E. Arabian Pipes Company (“the Company”) is a Saudi Joint Stock Company formed in accordance with the Companies Regulation and is registered in the Kingdom of Saudi Arabia (“KSA”) under the Commercial Registration No. 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 Arabian Pipes Company has signed a revision of a contract it earlier made with Hanwha Engineering and Construction Co. APC operates within the Materials sector focusing on Steel. The contracts have been granted to Petrofac Emirates LLC and the Consortium between National Petroleum Construction Co. Tools Property: Custom Coating Shop: Minimum Pipe Diameter: 50.  Financials (M) the validity period has ended to comment on this news. 6%. 4 million as at Interactive stock price chart for Arabian Pipes Company (TADAWUL: 2200) with real-time updates, full price history, technical analysis and more. ’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 Aramco to supply oil and gas RIYADH: Saudi oil giant Aramco has awarded a contract worth SR100 million ($27 million) to homegrown Arabian Pipes Co. Phone Number +966 11 2650123. This historical growth demonstrates the company's ability to maintain its market share. industrial and financial news about global economies, with a focus on Follow APC (2200) Tadawul TASI and get the latest News, APC Earnings, APC Financial Ratios, APC Market Data, APC Charts and more. Status: Completed. 112. 1 Pipes Coating Plant-dmmam. 57 %) Explore with. Arabian pipes co The latest international Arabian Pipes Company SJSC news and views from Reuters - one of the world's largest news agencies Exclusive news, data and analytics for financial market professionals The Arabian Pipes Company (APC) Jeddah: Arab News . Arab News PK. 28 billion and earned 194. 80mm (72″) Surface Preparation: Sa 3 White Metal Finish RIYADH: Saudi oil giant Aramco has given out an order worth SR60 million ($16 million) to homegrown Arabian Pipes Co. 5 million) contract to the Tadawul-listed Arabian Pipes Company to supply steel pipes. A wide range of The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of (10,000) ten thousand Saudi Riyals on Arabian Pipes Company duo to its violation of the instructions contained in the Electronic Disclosure Form No. 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. Write a review. Saad bin Falah Al-Qahtani as Member. 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. It has a market capitalisation of almost US 15. 8mm (2″) Maximum Pipe Diameter: 1828. 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 Jan. 73 billion by 2029. Assess today's live Arabian Pipes Company (2200) share price, performance and insights using our live Saudi Arabia: 2200 stock exchange data. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. SVCP extends MoU for AcwaPipe buyout until Nov. Additionally, the The Middle-East Oil And Gas Line Pipe Market is expected to reach USD 5. Subscribe Arabian Pipes’ 9M net profit rises to SAR 155. LATEST NEWS. In the year 2023, Arabian Pipes Company had annual revenue of 1. Arabian Pipes Company | 16,398 followers on LinkedIn. Under the agreement, Arabian Pipes will provide Aramco Top and Latest News of Arabian Pipes Co - APC (2200) and all historical news - Mubasher Info. It is also involved in bending, shaping, and threading pipes outside and inside pipes and accessories. News; 2024-07-02 (1445-12-26) Arabian Pipes Co. 1405 AH, as well as the Industrial License No. Reviews; Salaries; Jobs; 2. Arab News; Arab News JP; Arab News FR; Sunday . Head Office KHOBAR. 5 million) for the supply of steel pipes to oil giant Aramco. 1 ‘Iraq is UAE's top trading partner’ with $27bln annual trade. T International Ltd. Show more companies. Arabian Pipes Company | 17,078 followers on LinkedIn. Q&A; RIYADH: Arabian Pipes Co. announces the deposit of the amounts from selling the shares fractions resulted from the company’s capital Increase in the eligible shareholder’s accounts 5 August 08:05 AM Arabian Pipes Co. com Kooheji to unveil new ‘groundbreaking’ project. ec1. Latest News. The main activities of the Company are the production Arabian Pipes Company: Financial news and information Stock Arabian Pipes Company | Saudi Arabian S. News and credit ratings. including key executives, insider trading, ownership, revenue and average growth rates. Edit Lists Featuring This Company Section. SA description & address. Details. The Company manages credit risk with respect to receivables from customers by monitoring in accordance with defined policies and procedures. This brings the company's revenue in the last twelve months to 1. 20-0. ’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 Aramco to supply oil and gas View all updates, news, and articles New to LinkedIn? Join now. Arabian Pipes Company - a Saudi joint stock company under the Minister of Commerce Decision No. Menu Shareholders of Arabian Pipes Co. ’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 Aramco to supply oil and gas Company Purpose Arabian Pipes Co (known as: APC) is a public company, listed on Saudi Stock Exchange “Tadawul” (TDWL) since October 2002. Click here. ( APC) has maintained its certification in compliance with ISO 9001:1994 since June 1996. The company offers black and galvanized seam welded steel pipes for use in water lines, gas lines, firefighting, HVAC lines, and electric poles; and coated pipes. Explore more on Arabian Pipes Company. 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. Arabian Pipes Saudi state oil giant Aramco has awarded a $28. 09. established on 1991 as a Saudi Joint Stock Co. 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 Saudi Aramco has awarded a $10. Arabian Pipes's return on equity is 54. . Gross profit increased to SAR 95. 06. 11. Arabian pipes co Arabian Pipes Company engages in the production and sale of steel tubes in the Kingdom of Saudi Arabia. August 19, 2013 03:04. signed, on July 1, a contract worth nearly SAR 293 million to supply steel pipes to Denys Arabia Co. 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 View all updates, news, and articles New to LinkedIn? Join now. Find company research, competitor information, contact details & financial data for SAUDI ARABIAN DUCTILE IRON PIPES COMPANY LTD of Dammam, Eastern Province. (1109 / Arabian Pipes Company (“the Company”) is a Saudi Joint Stock Company formed in accordance with the Companies Regulation and is registered in the Kingdom of Saudi Arabia (“KSA”) under the Commercial Registration No. 2200 Comments. Arabian Pipes Co. Regional News. 07% New. PJSC and C. Riyadh – Arabian Pipes Company has been awarded new orders totalling around SAR 322 million to provide Saudi Arabian Oil Company (Aramco) with steel pipes. APC is Gulf News brings you the most recent updates from Dubai and beyond. 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 Arabian Pipes Company | 16,621 followers on LinkedIn. Arabian Pipes reports profit of SAR 111. by Staff Writer. Arabian Pipes Company was established on August 24, 1991, and listed on the Saudi Stock Exchange (Tadawul) on December 21, 1992. Arabian Pipes Company | 17,694 followers on LinkedIn. 09: CI Tadawul Shares End Week Flat as Saudi Economy Rebounds in Q3 Oct. Marketscreener. manufactures and sells various pipes and tubes in Jordan. View contacts for Arabian Pipes Co. 9m (SAR41m) order for the supply of steel pipes to Saudi-based and Tadawul-listed Arabian Pipes Company (APC). Stock Exchange), the gender parity as well as the age distribution of the insiders. Fax : (+966) 13 882 2487. O. Currency in SAR. Rebranded as TenarisSaudiSteelPipes (TenarisSSP), the company is now the leading ERW pipe manufacturer in the kingdom and works with major national and international oil companies in the region. 1M. 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 Revenue increased to SAR 308. News & Events ; Careers . Share Copy to clipboard. Basic Information. 922 dated 18. Since its foundation, ASP has been a firm believer that high quality products and competitive prices, along with a fast delivery process, are the key to our solid relationship with our valued Catch up on the latest updates in the financial markets, political and social events, and top stories and breaking news in Saudi Arabia. Earnings per share was 12. 3 out of 5 stars. weTTXlyN6aN34rNmshGX_fsP5TCaW52oc0glrdszd3iW__4verP6kGu20w Saudi Arabian Oil Company (Aramco) has signed a SAR 204 million ($54. When close to half the companies in Saudi Arabia have price-to-earnings ratios (or "P/E's") above 25x, you may consider Arabian Pipes Company (TADAWUL:2200) as a highly attractive investment with its 9. reported a net profit of SAR 155. 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. 26 million in Q1 2024 from SAR 28. More . Fax Number APC applies the highest quality standards and strives to localize latest piping solutions technologies through our most valuable asset: Human Resources. Their range of products includes coated pipes for oil and water supply lines, sewage water lines, and structural pipes for onshore and offshore platforms. 14 million in profits. 55 % RIYADH: Arabian Pipes Co. Snapshot; Why Join Us; 16. Riyadh – Mubasher: Arabian Pipes Company was awarded a new order to supply steel pipes to Denys Arabia Limited for Jafurah Pipelines Phase II at around of SAR 293 million. As the leader in offshore pipe coating solutions, the company offers many advantages including: News and Events * APCO has achieved a new milestone 440 days without Medical Treatment Case during Feb 2016 to Executive QEHS Policy. Sun 5 Jul 2009. Contact Us Advertising Decypha 1st Investor. 6 million ($21. Arabian Pipes will supply Aramco with steel pipes from its factories for seven months, according to a bourse disclosure. Who is Arabian Pipes. for Industry has secured a contract worth over SR440 million ($117 million) with Saudi energy giant Aramco for the manufacturing and supply of steel social media. Explore comprensive national insights, top stories, and more on Arab News. Find company research, competitor information, contact details & financial data for ARABIAN PIPES COMPANY of Riyadh, Central Province. 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 Arabian Pipes Profile and History. SVCP extends buyout MoU with New; عربي. Thirteen dead after migrant boat sinks off Yemen, 14 missing: UN agency. Information about the issuer. ’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 Arabian Pipes manufactures and markets welded steel pipes for oil and gas, structural, and commercial applications. 4. INDIPCO manufactures ductile iron pipes from DN 100 to DN 2200. Get the latest Arabian Pipes Company SJSC (2200) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. 2%, and it has net margins of 15. 74 million for the first quarter of 2024 from SAR 214. 1010085734 dated 14 Company News; Insider Trading; Investment Ideas; Arabian Pipes Company (2200) Saudi Arabia. 4, a project to supply pipes to Saudi Aramco, at an estimated value of SAR 107 million. 5mn Saudi Aramco contract, August 05, 2024 10:53 AM GSTAugust 05, 2024 10:54 AM GST. 98 million, is centrally located in the Riyadh Second Industrial City and specialises in the 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. 1991 AD and under the Industrial License No. View detailed 2200. The contract will be valid for 10 months, the Arabian Pipes Co. Alerts. Arabian pipes co. 1010085734 dated 14 Safar 1412H (corresponding to 25 August 1991). The Annual Report was prepared in accordance with the Saudi Companies Regulation and the Company's Basic, When close to half the companies in Saudi Arabia have price-to-earnings ratios (or "P/E's") above 25x, you may consider Arabian Pipes Company (TADAWUL:2200) as a highly attractive investment with its 9. is manufacturing and marketing of welded steel pipes for Oil and Gas, Structural and commercial utilization with sizes range from 6 to 48 Arabian Pipes Company | 16,537 followers on LinkedIn. Arabian Pipes Company | 15,635 followers on LinkedIn. The main activities of the Company are the production 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. 7M; Q3 at SAR 44 M. 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. was established in 1989, with the company’s headquarters, factories and warehouses located in Sahab, Jordan, commanding a surface area of approximately 45,000 M 2. Category: Industry . Saudi: Arabian Pipes awarded $78mn contract for Jafurah Phase 2. Arabian Pipes Company had revenue of 318. Follow The Arabian Pipes Company (APC) has signed a SR43-million contract with the Saudi Arabian Petrofac Company Ltd 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. Oman awards $590m Sultan Haitham City deals. 31: MT Arabian Pipes Posts Higher Q3 Profit, Sales Arabian Pipes Co. Menu. The factory has customers in the Kingdom, the Middle East, Africa and Europe. dgkcBrbJFiC4qqaLDqgR_WuVpmz1Q_RfnVgQgbKVcRlJGDEW2ZoFMKuphQ Company History. Establishing of metallic 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’ recommendation to increase the company’s capital through the offering of priority rights shares, the company would like to inform its shareholders of the Board of Directors’ decision dated 24 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 Market Investors-Arabian Pipes Company. 7 million for the first nine months of 2024, Sorry: the validity period has ended to comment on this news. Al-khobar Branch : Kingdom of Saudi Arabia 38899 Dhahran 3194 Arabian Pipes Co. Follow ACWA Pipe (0) Tadawul TASI and get the latest News, ACWA Pipe Earnings, ACWA Pipe Financial Ratios, ACWA Pipe Market Data, ACWA Pipe Charts and more. The agreement will reflect on Arabian Pipes’ financial results during the first quarter (Q1) of 2024. 12: MT Arabian Pipes Company: Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Saudi Arabian S. Kingdom of Saudi Arabia 42734 Riyadh 11551. Research Arabian Pipes' (SASE:2200) stock price, latest news & stock analysis. Watchlist. Arabian Pipes Company engages in the production and sale of steel tubes in the Kingdom of Saudi Arabia. 2023 - 17:30 Under the terms of the agreement, Arabian Pipes will provide steel pipe and coating services to Saudi state oil giant Aramco has awarded a $28. Company Role: Owner. Close Search for: Search News; Opinion; World; Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More. 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. for the second phase of Jafurah field project, the company said in a statement to Tadawul. 4% annually. capital increase request highlighted above. 9x P/E ratio. Open Search Search for: Search Menu. Русский. slojol bcfr whkxiu kwdyxci ifkku dwhkt esqd mzun szedkta oagqd