Alwasail Industrial Company announced on July 14, 2026 the signing of a contract with Nesma & Partners Contracting Co., dated July 12, 2026, valued at SAR 12,821,160 (excluding VAT) for the supply of High-Density Polyethylene (HDPE) pipes in various sizes and technical specifications. The contract covers infrastructure works for Phases 2.2 and 2.3 at King Abdullah Economic City (KAEC), encompassing the development of roads, utilities, services, and infrastructure supporting industrial zones, the Special Economic Zone, and the first phase of King Salman Automotive Cluster. The contract duration ranges from two to ten weeks from the signing date, with the financial impact expected to be reflected in the Company's revenues beginning from the third quarter of 2026.

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