General News\
(2007) November 2007 Amiantit Recent Orders September 2007 Amiantit announces consolidated financial results for the period ending 30/9/2007 January 2007 Amiantit group wins major contracts in Egypt (2006) November 2006 Amiantit wins US $7 million contracts in Turkmenistan October 2006 Amiantit wins new orders from KSA, Kuwait and Qatar totaling SAR 117 Million August 2006 Amiantit and Gulf One Investment bank establish strategic partnership in the field of managing water projects and infrastructure July 2006 Amiantit achieves technology breakthrough July 2006 Dubai municipalty gives contractors go ahead to propose GRP pipe systems June 2006 Amiantit CEO opens new Dammam HQ building for GRE division June 2006 Amiantit's Indian joint venture wins $22.5 million in contracts to supply pipe systems for oil refineries, power projects and tank systems for petroleum retail outlets May 2006 Amiantit pre-qualifies for KAIA Desalination plant Project April 2006 Amiantit awarded US$ 25 million Tabuk-Saudi Arabia water transmission pipeline contract April 2006 Amiantit awarded SAR 95.2 million orders for major projects in Jubail, Yanbu, Rabigh and Abu Dhabi March 2006 Amiantit sets-up factories in Morocco and Algeria (2005) December 2005 Amiantit wins over 31 million US dollar - contracts October 2005 Amiantit wins US$ 68 million Saudi contracts serving the industry of oil and petrochimicals August 2005 Amiantit contracts exceed US$ 211 million in the 1st half of 2005 in GCC and Yemen June 2005 Amiantit factories in KSA export GRP pipes to 13 countries May 2005 Amiantit Group Company in Oman wins $11 million orders for GRE pipes April 2005 Amiantit participates in technology & expertise exhibition for water desalination projects April 2005 Amiantit contracts exceed US$ 110 million in GCC and Yemen March 2005 Amitech Spain awarded ISO 14001:96 certification February 2005 Cpic an Amiantit investment in China is awarded “Excellent Cooperation Supplier” for 2004 February 2005 Amiantit wins contracts totaling over 15 million Euros to supply GRP pipes in Iraq, Syria and Jordan February 2005 Amiantit’s AmiWater and Sisco join forces to establish international company for water distribution February 2005 Amiantit sells Flowtite machines in south Australia January 2005 Amiantit restructures global operations (2004) December 2004 Amiantit wins SAR 290 million Saudi contracts in 3 months November 2004 Sales of Afico insulation products up 20% in GCC as oil price rise fuels construction boom November 2004 Amiantit wins multi-million dollar contracts in Spain and Mexico October 2004 Amiantit produces the world's largest fibreglass pipe and wins contract with Jubail Royal Commission September 2004 Amiantit joint venture in India achieves double world record for production and sales June 2004 Amiantit scores industry first with non-corrosive fiberglass double wall tank May 2004 Amiantit wins SAR 80 million contracts for water projects in Abu Dhabi and Al Ain March 2004 Amiantit supplies 42 kilometres of pipes worth 17 million Euros to bring high quality water to Zaragoza Spain March 2004 Amiantit opens SR 30 million new Amipox GRE pipe plant in Dammam March 2004 Amiantit inaugurates $10 million factory in India (2003) November 2003 Amiantit steps up production at Amitech plants in Spain and Germany October 2003 Saudi Arabian Amiantit participates in water Middle East conference & exhibition September 2003 Saudi Arabian Amiantit major partner in $30 million Russian contracts August 2003 Amiantit contracts in Turkmenistan worth $38 million July 2003 Saudi Arabian Amiantit supplying pipes for Colorado river project in Argentina for SAR 78 million June 2003 Saudi Arabian Amiantit leads consortium that has won over SAR 187 million water management-contract in Romania June 2003 Amiantit wins contracts totaling SAR 116,250,000 to supply pipes for water networks in the kingdom June 2003 Saudi Arabian Amiantit subsidiary Aquamundo takes over drinking water supply and sewage disposal operations in four Albanian cities
(2007) November 2007 Amiantit Recent Orders September 2007 Amiantit announces consolidated financial results for the period ending 30/9/2007 January 2007 Amiantit group wins major contracts in Egypt
(2006) November 2006 Amiantit wins US $7 million contracts in Turkmenistan October 2006 Amiantit wins new orders from KSA, Kuwait and Qatar totaling SAR 117 Million August 2006 Amiantit and Gulf One Investment bank establish strategic partnership in the field of managing water projects and infrastructure July 2006 Amiantit achieves technology breakthrough July 2006 Dubai municipalty gives contractors go ahead to propose GRP pipe systems June 2006 Amiantit CEO opens new Dammam HQ building for GRE division June 2006 Amiantit's Indian joint venture wins $22.5 million in contracts to supply pipe systems for oil refineries, power projects and tank systems for petroleum retail outlets May 2006 Amiantit pre-qualifies for KAIA Desalination plant Project April 2006 Amiantit awarded US$ 25 million Tabuk-Saudi Arabia water transmission pipeline contract April 2006 Amiantit awarded SAR 95.2 million orders for major projects in Jubail, Yanbu, Rabigh and Abu Dhabi March 2006 Amiantit sets-up factories in Morocco and Algeria (2005) December 2005 Amiantit wins over 31 million US dollar - contracts October 2005 Amiantit wins US$ 68 million Saudi contracts serving the industry of oil and petrochimicals August 2005 Amiantit contracts exceed US$ 211 million in the 1st half of 2005 in GCC and Yemen June 2005 Amiantit factories in KSA export GRP pipes to 13 countries May 2005 Amiantit Group Company in Oman wins $11 million orders for GRE pipes April 2005 Amiantit participates in technology & expertise exhibition for water desalination projects April 2005 Amiantit contracts exceed US$ 110 million in GCC and Yemen March 2005 Amitech Spain awarded ISO 14001:96 certification February 2005 Cpic an Amiantit investment in China is awarded “Excellent Cooperation Supplier” for 2004 February 2005 Amiantit wins contracts totaling over 15 million Euros to supply GRP pipes in Iraq, Syria and Jordan February 2005 Amiantit’s AmiWater and Sisco join forces to establish international company for water distribution February 2005 Amiantit sells Flowtite machines in south Australia January 2005 Amiantit restructures global operations (2004) December 2004 Amiantit wins SAR 290 million Saudi contracts in 3 months November 2004 Sales of Afico insulation products up 20% in GCC as oil price rise fuels construction boom November 2004 Amiantit wins multi-million dollar contracts in Spain and Mexico October 2004 Amiantit produces the world's largest fibreglass pipe and wins contract with Jubail Royal Commission September 2004 Amiantit joint venture in India achieves double world record for production and sales June 2004 Amiantit scores industry first with non-corrosive fiberglass double wall tank May 2004 Amiantit wins SAR 80 million contracts for water projects in Abu Dhabi and Al Ain March 2004 Amiantit supplies 42 kilometres of pipes worth 17 million Euros to bring high quality water to Zaragoza Spain March 2004 Amiantit opens SR 30 million new Amipox GRE pipe plant in Dammam March 2004 Amiantit inaugurates $10 million factory in India (2003) November 2003 Amiantit steps up production at Amitech plants in Spain and Germany October 2003 Saudi Arabian Amiantit participates in water Middle East conference & exhibition September 2003 Saudi Arabian Amiantit major partner in $30 million Russian contracts August 2003 Amiantit contracts in Turkmenistan worth $38 million July 2003 Saudi Arabian Amiantit supplying pipes for Colorado river project in Argentina for SAR 78 million June 2003 Saudi Arabian Amiantit leads consortium that has won over SAR 187 million water management-contract in Romania June 2003 Amiantit wins contracts totaling SAR 116,250,000 to supply pipes for water networks in the kingdom June 2003 Saudi Arabian Amiantit subsidiary Aquamundo takes over drinking water supply and sewage disposal operations in four Albanian cities
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Financial News\
(2007) December 2007 Amiantit will invest SR 100 million in the Kingdom after restructuring foreign investment Amiantit doubles its GRP production capacity before mid of 2008 Sale of USA plant October 2007 Minister Yamani Signs Water Facilities and Operating Services Contracts for 3 Industrial Cities (2006) July 2006 Amiantit profits reach SAR 15.6 million before Zakat for the first half of 2006 March 2006 Amiantit achieved SAR 1.5 million profits for 2005 (2005) July 2005 Amiantit profits reached SAR 1.5 million for the 2nd quarter and losses declined to SAR 16.6 million for the 1st half of the year June 2005 Capital Money Authority (CMA) approves Amiantit capital increase from SR 770 million to SR 1.155 billion (2004) May 2004 Amiantit increases capital to SR 770 million
(2006) July 2006 Amiantit profits reach SAR 15.6 million before Zakat for the first half of 2006 March 2006 Amiantit achieved SAR 1.5 million profits for 2005 (2005) July 2005 Amiantit profits reached SAR 1.5 million for the 2nd quarter and losses declined to SAR 16.6 million for the 1st half of the year June 2005 Capital Money Authority (CMA) approves Amiantit capital increase from SR 770 million to SR 1.155 billion (2004) May 2004 Amiantit increases capital to SR 770 million
