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Anabeeb Al-Sharq acquires assets worth over 8.9M riyals
The Advanced Integrated Pipes Company announced that it has signed agreements with suppliers exceeding 8.9 million SAR to purchase specialized assets and equipment for material handling, aimed at enhancing its operational capabilities and infrastructure. The agreements include a contract with Saudi Leibher worth approximately 7.2 million SAR for the purchase of efficiency-boosting equipment, and a deal with the American company Facoorex valued at around 1.725 million SAR to diversify supply sources and adopt modern technologies. These investments focus on supporting the company's activities, increasing its efficiency, and strengthening its field readiness, while adhering to a no additional costs policy beyond what was previously announced, and are implemented within approved budgets.
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