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Alwasail Industrial Wins SAR12 Million Supply Contract

MT Newswires·10/08/2026 10:08:14
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10:08 AM EDT, 10/08/2026 (MT Newswires) -- Alwasail Industrial (SASE:4148) secured a 12 million-Saudi-riyal agreement to produce and deliver materials for the wastewater network projects of Saudi Arabia's National Water Co. The 12-month contract was signed with Al-Sabq Al-Arabi Trading and Contracting Co., the polyethylene pipes and fittings manufacturer said Thursday. Alwasail expects the financial impact of the transaction to start in the fourth quarter of 2026 and continue until the end of 2027.