| Introduction |
Saudi Arabian Refineries Company (SARCO) announces that one of its companies, Raya Al-Tajdeed Company, has signed a contract to carry out the rehabilitation and preparation works for the Women’s and Maternity Inpatient Department at King Khalid Hospital in Al-Majma’ah. |
| Date of Announcement of the Award |
2026-10-04 Corresponding to 1448-04-23 |
| Contract Subject Matter |
Execution of rehabilitation and preparation works for the Women’s and Maternity Inpatient Department at King Khalid Hospital in Al-Majma’ah. |
| The Entity with Which the Contract was Signed |
Abdulrahman Nasser Al-Aqeel Sons Charitable Foundation |
| Date of Signing the Contract |
2026-10-04 Corresponding to 1448-04-23 |
| Contract Value |
SAR 7,934,784.95 (Seven Million Nine Hundred Thirty-Four Thousand Seven Hundred Eighty-Four Saudi Riyals and Ninety-Five Halalas), inclusive of Value Added Tax (VAT). |
| Contract Details |
Rehabilitation and preparation of the Women’s and Maternity Inpatient Department at King Khalid Hospital in Al-Majma’ah. |
| Contract Duration |
Eight months, commencing from the date of commencement of the works. |
| Financial Impact and the Relevant Period |
The positive financial impact is expected to be reflected in the Company’s financial results starting from the third quarter of 2026 until the first quarter of 2027. |
| Related Parties |
None |
| Additional Information |
None |
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