Multi Business Group Signs Al Aziziyah Sales Center Contract

MULTI BUSINESS 0.00%

MULTI BUSINESS

9619.SA

9.00

0.00%

Multi Business Group Co. announced on March 3, 2026 the signing of a contract with National Housing Company (NHC) for the design and execution of the Al Aziziyah Sales Center Project. The contract, signed on March 3, 2026, encompasses construction, architectural and fit-out works, and electrical and mechanical engineering with a 5-month duration. The contract value exceeds 5% of the company's total revenues for the financial year 2025. The project is expected to have a positive financial impact on the company's 2026 financial results.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93414&anCat=1&cs=9619&locale=ar

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.

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