Middle East Specialized Cables unit wins $46.6m contract from Cunado

09/06/2026 04:25 AST

Middle East Specialized Cables Company (MESC) has announced that its wholly-owned subsidiary Middle East Specialized Cables (MESC-Ras Al Khaimah UAE) has received a contract from Cunado Middle East for Pipes and Valves in the United Arab Emirates.

The total value of the project is estimated at approximately $46.6 million (equivalent to approximately SAR175 million).

The contract covers supply of low voltage cables and communication cables for the Lower Zakum Long Term Development Plan Project - Phase I (LTDP-1) - Amirah Island Surface Facilities Package (Package II) in the United Arab Emirates.


Trade Arabia

News

Middle East Specialised Cables boosts credit facilities to $66.7m

07/04/2026

Saudi-based Middle East Specialised Cables Company (MESC) has announced that it has signed an addendum to a credit facilities agreement with Al Inmaa Bank, thus increasing the total facility to SAR25

Trade Arabia

$57m syndicated loan shores up ME Specialised Cables/MESC-Jordan

17/05/2015

Several banks are extending a lifeline to the Middle East Specialised Cables Company/MESC-Jordan with a multimillion dinar syndicated loan.

The company, 49 per cent owned by Saudi Arabia's M

Jordan Times

MESC Announces Interim Financial Results for Period Ending 30/09/2012

18/10/2012

Middle East Specialized Cables Co. (MESC) announces interim financial results for the period ending 30/09/2012 as follows:

1. Net Profit during the third quarter amounts to SR 9.2 million ve

Tadawul

Most Viewed Companies

Ticker Price Volume

Valuation

MESC Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
RIYADHCABLES 117.50 0.90 (0.77%)
ASTRAINDUSTRIAL 134.20 1.20 (0.90%)
ALBABTAIN 71.80 -0.90 (-1.24%)
SAUDICERAMICS 27.48 0.32 (1.17%)
BAWAN 43.58 0.20 (0.46%)

Recent News

Umm Al Qura unveils new mixed-use urban destination in Makkah

10/06/2026

Saudi developer Umm Al Qura has announced the unveiling of Masar Gardens, a mixed-use urban destination in Makkah featuring residential, commercial, hospitality, and public-use components backed by e

Trade Arabia

Action Energy showcases landmark Kuwait IPO at Arqaam Capital's Investor Conference

09/06/2026

Action Energy Company KSCP (AEC, Boursa Kuwait: ALFTAQA), Kuwait's leading local partner for integrated upstream services, owner and operator of one of the youngest rig fleets in the region, showcase

Kuwait Times

SAPTCO wins three-year bus transport contract for Madinah

09/06/2026

The Saudi Public Transport Company (SAPTCO) has been awarded a three-year contract worth SAR241.47 million ($64.39 million) by the Al Madinah Region Development Authority.

The project scope

Trade Arabia

Zain and URC partner to redefine digital infrastructure in Kuwait's urban development

09/06/2026

Zain Kuwait on June 8, 2026 announced an exclusive partnership with United Real Estate Company (URC), one of the leading real estate developers in Kuwait and the MENA region, to power the entire conn

Kuwait Times

GAS Arabian Services signs LTA with Aramco for key services

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

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap