Saudi-listed East Pipes erases $40m profit as project delays weigh on sales

RIYADH: Saudi East Pipes Integrated Co. for Industry has turned to losses of SR3.25 million ($865,000) in this fiscal year,...

Saudi economy contracted by 4.1% in 2020

Author: Wed, 2021-02-10 15:25 The Saudi economy contracted by 4.1 percent in 2020, hit by the COVID-19 pandemic, lower crude prices and...

MENA Project Tracker — ADSSC tenders Scada and data center contracts; Dubai investments to start $272m community project

CAIRO: Kuwait Oil Co. has awarded two contracts to Alghanim International General Trading & Contracting and Heavy Engineering Industries &...

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