Alkhorayef Wins SAR 108M Water Network Contract
AWPT 2081.SA | 0.00 |
Alkhorayef Water and Power Technologies Co. announced on June 21, 2026 the award of a contract with Jeddah Amana Municipality for the operation and cleaning of stormwater and surface water networks in the South and Al-Malisa sub-municipalities. The contract, signed on May 7, 2026, is valued at 108,463,278.00 Saudi Riyal excluding VAT and has a duration of 60 months. The financial impact from this contract will begin during the second quarter of 2026.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96254&anCat=1&cs=2081&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.
