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Group Five Secures 270M Riyal Aramco Deal
The Saudi company Group Five Pipes has won a contract worth 270.58 million Riyals with Saudi Aramco to manufacture and supply spiral-weld steel pipes for an oil project. The project is expected to be completed within four months. The positive financial impact of this contract is anticipated to be reflected in the company's results starting from the second and third quarters of 2027, with confirmation that there are no third-party interests involved in the deal.
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