09/10/2026 09:48 AST
Saudi Arabia-based GAS Arabian Services Company has announced that it has secured a key contract from the Saudi Power Procurement Company (Principal Buyer) for the establishment of a Sales Gas Delivery System at Ghazlan 1.
The contract's value exceeds 20% of the company's total revenues for the financial year 2025 (excluding VAT), said GAS Arabian Services in its filing to Saudi bourse Tadawul.
Based on the company's published results, the contract is worth more than SAR288 million ($76.8 million).
Under the contract, GAS Arabian Services will be responsible for the engineering, procurement, supply and delivery of all required equipment and materials, as well as the construction, installation, testing and commissioning of the Sales Gas Delivery System for Ghazlan 1, it stated.
A leading provider of solutions for the integrated energy, petrochemical and power sector, GAS said this award further strengthens its involvement in Saudi Arabia's power and energy infrastructure sector and supports the development of gas supply infrastructure for the Ghazlan 1 facility.
Trade Arabia
25/09/2026
GAS Arabian Services Company had announced that it has received the go-ahead from the company's board of directors for the transfer of its entire 50% stake in joint venture FS Elliott Services Saudi
Trade Arabia
09/06/2026
GAS Arabian Services Co has signed a long-term agreement (LTA) with Saudi Aramco for the provision of various services, the company said in a filing at the Saudi Exchange.
Under the agreemen
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| RIYADHCABLES | 106.30 | -2.80 (-2.57 |
| ASTRAINDUSTRIAL | 123.90 | -1.10 (-0.88 |
| ALBABTAIN | 53.20 | -1.70 (-3.10 |
| SAUDICERAMICS | 21.59 | -0.71 (-3.19 |
| EIC | 13.30 | -0.47 (-3.42 |
09/10/2026
Dukhan Bank reported a QR1.19bn net profit in the first nine months of 2026. Total assets reached QR126.8bn, up 2.4% from December 2025, with loan book reaching QR94bn.
Earnings per share st
Gulf Times
09/10/2026
Qatar Media Corporation (QMC) and Ooredoo Qatar have signed an agreement aimed at strengthening co-operation between the two organisations and supporting their shared objectives amid rapid technologi
Gulf Times
09/10/2026
Mashreq has partnered with Expo City Dubai to provide off-plan home financing options for eligible customers purchasing residences across selected projects.
The collaboration between the two
Trade Arabia
09/10/2026
Beyon Connect, part of the Beyon Group, and BENEFIT, Bahrain's leading fintech and electronic financial transactions services company, have signed a strategic memorandum of understanding (MoU) to exp
Trade Arabia
09/10/2026
National Energy Services Reunited (NESR), an oilfield services provider in the Middle East and North Africa (MENA), announced that its business segment, NESR Environmental and Decarbonization Applica
Trade Arabia