On July 14, 2026, Alkhorayef Water and Power Technologies Co. announced the award of an Operation and Maintenance Contract for Water and Wastewater Networks in Al Khobar City from the National Water Company. The contract is valued at SAR 101,320,560.00 (excluding VAT) and is set to be executed over a period of 36 months. The financial impact of the project is expected to materialize during the fourth quarter of 2026, with the company committed to disclosing further developments upon receipt of the final signed agreement.

Original announcement:

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