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Advanced Building Industries Company "Senaat" Announces that its Subsidiary Zamil Structural Steel Company (Zamil Steel), has signed a contract with Qiddiya Tennis Center Joint Venture

SENAAT 2240 1.10% 23.96 0.26

Element List Explanation
Introduction Advanced Building Industries Company "Senaat" is pleased to announce that its subsidiary, Zamil Structural Steel Company (Zamil Steel), has signed a contract with Qiddiya Tennis Center Joint Venture (a Joint Venture comprising Bouygues Bâtiment International – Saudi Arabia Branch and Al-Mabani General Contractors Company) for the fabrication, supply, and installation of the structural steelworks and metal façades for the National Tennis Center in Qiddiya City, Riyadh.
Date of Announcement of the Award 2026-10-19 Corresponding to 1448-05-08
Contract Subject Matter One of "Senaat" subsidiaries, Zamil Structural Steel Company (Zamil Steel), has signed a contract with Qiddiya Tennis Center Joint Venture Qiddiya City, Riyadh.
The Entity with Which the Contract was Signed Contract with Qiddiya Tennis Center Joint Venture
Date of Signing the Contract 2026-10-19 Corresponding to 1448-05-08
Contract Value SAR 308,174,296 Excluding VAT.
Contract Details The Project scope of work includes the fabrication, supply, and installation of the structural steelworks and external façades for the National Tennis Center in Qiddiya City, Riyadh.
Contract Duration 19 months
Financial Impact and the Relevant Period The financial impact of this contract is expected to appear in the company’s financial statements during the Q4, 2026 and is expected to have a positive impact on the company’s financial results.
Related Parties N/A

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