Arabian Drilling raises 2026 capex forecast to SAR 750–800 million
FROM THE WIRE · ARGAAM.COM
Arabian Drilling Co.’s CFO Farid Mustafayev said the company has raised its 2026 capital expenditure forecast to SAR 750–800 million, compared with it
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA higher planned capex can affect the company's cash flow and spending expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01CFO Farid Mustafayev said the company has raised its 2026 capex forecast.
- 02The new 2026 capex forecast is SAR 750–800 million.
- 03The text is truncated and does not give the previous forecast level.