Home → News → Institutions → “East Oil” Signs a Contract to Supply Engine Oils to Ethiopia
East Oil Chemical Industries announced in a statement to the Saudi Stock Exchange (Tadawul) today that it signed a contract with Abdulaziz Ali Import and Export Corporation to supply engine oils to Ethiopia for $3.2 million, or approximately 12 million SAR.
According to the company’s statement, the contract was awarded and signed on August 25 and will last for one year. The company mentioned that the contract would positively impact its financial results for 2024 and 2025, with no related parties involved.
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