Alkhorayef Signs SAR 70M Riyadh TSE Maintenance Contract

AWPT

AWPT

2081.SA

0.00

On July 20, 2026, Alkhorayef Water and Power Technologies Co. announced the signing of a contract with the Royal Commission for Riyadh City for the operation and maintenance of TSE Networks and Facilities – Group 1 in Riyadh City. The contract, signed on July 19, 2026, is valued at SAR 69,585,566.00 excluding VAT and spans a duration of 30 calendar months. This follows the original contract award announcement dated April 5, 2026. The financial impact of the contract commenced in the second quarter of 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96872&anCat=1&cs=2081&locale=ar

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