Al-Sorayai Trading and Industrial Group signed a SAR 12.3 million contract on July 27 to provide 120,000 square meters of carpets for mosques in Abu Dhabi, the capital of the United Arab Emirates, the company said in a statement to the Saudi bourse, Tadwul.
Under the agreement, the company will also provide 110,000 square meters of carpets to furnish mosques in the northern regions of the UAE, it added.
The financial impact of the deal will be reflected this year, it added.
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