Al Abdullatif seals SAR 23.9 mln contract with Ministry of Islamic Affairs

21/04/2022 Argaam

Headquarters of Al Abdullatif Industrial Investment Co.

Al Abdullatif Industrial Investment Co. signed on April 20 a contract with the the Ministry of Islamic Affairs, Dawah and Guidance for the manufacture, supply and furnishing of mosques across all 13 regions in Saudi Arabia.

 

The contract is valued at SAR 23.92 million and is valid for 12 months from the signing date, Al Abdullatif said in a statement to Tadawul.

 

The related financial impact is expected to appear in the second half of 2022, the company added, noting that there are no related parties to the deal.

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