Shalfa Signs SAR 52.1 Million Contract with National Water
SHALFA 9613.SA | 57.50 | 0.00% |
Shalfa Facilities Management Co. announced on January 15, 2026, that it has signed a contract with National Water Company on January 14, 2026, to provide facilities management services for buildings in the Southern Sector. The contract, valued at SAR 52,101,511 excluding VAT, will run for 36 months from the notice to proceed or until the value is exhausted, whichever comes first. The financial impact is expected to begin during the second half of fiscal year 2026, following the framework agreement initially announced on November 30, 2025.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92648&anCat=1&cs=9613&locale=arImportant 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.
