Rawasi Albina signs SAR 13.6M contract with private entity

14/07/2024 Argaam
Logo ofRawasi Albina Investment Co.

Logo of Rawasi Albina Investment Co. 

Rawasi Albina Investment Co.  signed, on July 11, a contract with a private entity worth SAR 13.62 million, including VAT. 

 

The 12-month contract involves developing the infrastructure in Al-Ghoroub community in Madinah, the company said in a statement to Tadawul. 

 

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The expected financial will be reflected in financial results from H2 2024 until H1 2025. 

 

There are no related parties in the deal, the statement added. 

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