{"id":86803,"date":"2024-06-03T00:00:00","date_gmt":"2024-06-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/06\/03\/aramco-signs-multiple-steel-pipe-supply-agreements\/"},"modified":"2024-06-03T00:00:00","modified_gmt":"2024-06-03T00:00:00","slug":"aramco-signs-multiple-steel-pipe-supply-agreements","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/06\/03\/aramco-signs-multiple-steel-pipe-supply-agreements\/","title":{"rendered":"Aramco signs multiple steel pipe supply agreements"},"content":{"rendered":"

MANUFACTURING-<\/p>\n

#1- <\/strong>Group Five Pipe will manufacture and supply spiral welded steel pipes to Aramco<\/strong> under a <\/strong>SAR 1.3 bn contract<\/strong>, it said in a disclosure to Tadawul<\/a> yesterday. The contract runs for 12 months. <\/p>\n

#2- East Pipes Integrated Company for Industry inked multiple steel pipes manufacturing and <\/strong>supplying contracts with Saudi Aramco worth SAR 1.7 bn<\/strong>, it said in a filing to the exchange<\/a>. The contract is set to be fulfilled over 19 months.<\/p>\n

AVIATION- <\/p>\n

PIF-<\/strong>backed<\/strong> b<\/strong>udget airline Flynas has launched its first direct flight to Najaf in Iraq<\/strong> from Dammam\u2019s King Fahd International Airport, the General Authority for Civil Aviation said in a post on X<\/a>. <\/p>\n

BANKING-<\/p>\n

Perfect Presentation (2P) has secured a SAR 135 mn Sharia-compliant loan from Alinma<\/strong> Bank<\/strong>, which it earmarked for financing new project awards, 2P said in a disclosure to Tadawul<\/a>. The facility runs until 1 June 2025.<\/p>\n

HEALTHCARE-<\/p>\n

Gulf Union Al Ahlia Cooperative Ins. is set to provide health ins. coverage to <\/strong>the <\/strong>employees of local consultant Saeed Raddad Group under a freshly-inked agreement<\/strong>, it said in a filing to Tadawul<\/a>. The one-year arrangement \u2014 which is valued at over 5% of the company\u2019s gross premiums for 2023 \u2014 started on Sunday, 1 June and will include ins. packages for the employees\u2019 family members. <\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS: Perfect Presentation lands SAR 135 mn Sharia-compliant loan from Alinma Bank<\/p>\n","protected":false},"author":1,"featured_media":86804,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2564],"tags":[54,139,10,481,2132,392,2131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-86803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-aramco","tag-enterpriseam-ksa","tag-flynas","tag-gulf-union-al-ahlia-cooperative-insurance","tag-manufacturing","tag-perfect-presentation-2p","wpautop","entry"],"acf":{"mongo_id":"de2234c6-4692-41cf-8464-06f80d3e2917","order":"12","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/6\/189.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Aramco signs multiple steel pipe supply agreements","related_issue":[86780],"teaser":"PLUS: Perfect Presentation lands SAR 135 mn Sharia-compliant loan from Alinma Bank","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.1374826b-9ba5-4cc7-9d83-61e890b07107.mp3"},"yoast_head":"\nAramco signs multiple steel pipe supply agreements - 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