East Pipes Integrated Company for Industry (East Pipes), a Saudi Arabia-based steel pipe producer, finalized a contract exceeding SAR 60 million with AliShar Contracting Company on January 21, 2026. This six-month agreement focuses specifically on coating applications for steel pipes.

The company informed the Saudi Stock Exchange (Tadawul) that earnings from this project should span from the fourth quarter of fiscal year 2025/2026 through the second quarter of fiscal year 2026/2027.

East Pipes confirmed that the transaction includes value-added tax (VAT) and involves no related parties.