On June 21, 2026, Arabian Contracting Services Co. announced the signing of contracts with Cluster 2 Airports Company for advertising opportunities at 18 airports across Saudi Arabia for a 10-year term. The contracts, signed on June 18, 2026, involve establishing, operating, and maintaining digital and interactive advertising billboards at airports including Taif International, AlUla International, and Hail International airports. The contract value is structured as revenue sharing or a minimum guarantee of SAR 120,488,721 (excluding VAT) for the total duration, whichever is higher. The financial impact is expected to begin in the third quarter of 2026, supporting the company's strategic expansion in the airport advertising sector.

Original announcement:

Important 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.