Tihama’s subsidiary signs SAR 1.5 mln agreement with the Ministry of Media

31/05/2020 Argaam

Tihama Advertising & Public Relations Co. said that one of its subsidiaries signed a contract with the Saudi Ministry of Media to shoot a documentary film about the Covid-19.

 

The contract was signed on May 23, 2020 at a value of SAR 1.5 million for 50 days, the company said in a bourse statement.

 

The financial impact will be reflected on the company’s financials for Q2 2020, the statement added emphasizing that there are no related parties involved in the deal.

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