Arabian Contracting Services Co. announced on June 9, 2026 the signing of a three-year contract with Wave Media Advertising Company on June 8, 2026, for non-exclusive advertising services. The contract has an average annual value of SAR 336,559,340 excluding VAT, involving marketing and selling advertising spaces on outdoor billboards across Jeddah, Arar, Jazan, and Hail. The agreement aims to expand the company's operations in the outdoor advertising sector and strengthen its market presence. The financial impact will be reflected starting from the second quarter of 2026, with Wave Media being a related party due to Arabian Contracting's indirect ownership through an investment fund.

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