Riyadh Cables Signs SAR 450 Million Supply Contract

RIYADH CABLES

4142.SA

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Riyadh Cables Group Co. announced on April 7, 2026 the signing of a contract with Mohammed Al-Ojaimi Contracting Establishment for the supply of cable products for power generation and transmission projects. The contract, signed on April 6, 2026, has a total value of SAR 450 million and a duration of 12 months. The agreement involves supplying power transmission cables to support multiple projects undertaken by Mohammed Al-Ojaimi Contracting Establishment in Saudi Arabia, with financial impact expected to appear starting from the fourth quarter of 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94244&anCat=1&cs=4142&locale=ar

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