Alkhorayef Wins SAR 93.6M Jeddah Water Contract

AWPT

AWPT

2081.SA

0.00

On June 21, 2026, Alkhorayef Water and Power Technologies Co. announced the signing of a contract with Jeddah Amana Municipality for the operation and cleaning of stormwater and surface water networks in Airport sub-municipality 20043-(MA). The contract, valued at 93,592,356.02 Saudi Riyal excluding VAT, has a duration of 60 months and was signed on June 16, 2026. The financial impact from this contract is expected to 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=96253&anCat=1&cs=2081&locale=ar

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