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via argaam.comBusiness & Companies

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

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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
  1. 01CFO Farid Mustafayev said the company has raised its 2026 capex forecast.
  2. 02The new 2026 capex forecast is SAR 750–800 million.
  3. 03The text is truncated and does not give the previous forecast level.

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