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MESC’s subsidiary awarded $46.6m project contract in UAE

MESC’s subsidiary awarded $46.6m project contract in UAE
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Riyadh - Mubasher: MESC-Ras Al Khaimah, a unit of Middle East Specialized Cables Company (MESC), was awarded a project contract from Cunado Middle East for Pipes and Valves in the UAE.

The total value of the project is estimated at nearly $46.60 million (SAR 175 million), according to a bourse filing.

The deal, awarded on 4 June 2026, covers the 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 January, MESC extended its SAR 150 million facility deal with Emirates NBD Bank.