Riyadh – Mubasher: Zamil Structural Steel Company, a unit of Advanced Building Industries Company (SENAAT), signed a contract valued at SAR 308.17 million excluding value-added tax.

The agreement was reached with the Qiddiya Tennis Center Joint Venture, a consortium comprising Bouygues Bâtiment International (Saudi Branch) and Al Mabani General Contractors Company.

Under the terms of the agreement, the subsidiary will handle the manufacturing, supply, and installation of steel structures and external facades for the National Tennis Center in Qiddiya, Riyadh. The contract is scheduled to span a duration of 19 months.

SENAAT expects the financial impact of this project to begin appearing in its financial statements during the fourth quarter (Q4) of 2026.

The company anticipates that the contract will have a positive effect on its overall financial results. No related parties were involved in the transaction.

It is worth highlighting that SENAAT registered SAR 54.18 million in net profit during the first half (H1) of 2026, an annual leap of 45.66% from SAR 37.20 million.