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Group Five secures Aramco contract
Saudi-based Group Five Pipes Company signed a contract worth 270.58 million Riyals with Saudi Aramco to manufacture and supply spiral welded steel pipes for an oil project. The agreement was made on September 17, 2026, with a four-month implementation period. The positive financial impact of this contract is expected to begin from the second and third quarters of the 2027 fiscal year. The contract is free of any related-party involvement.
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