‎Al Arabia awarded lease project within King Abdulaziz Public Transport Project

‎Al Arabia awarded lease project within King Abdulaziz Public Transport Project ‎Al Arabia awarded lease project within King Abdulaziz Public Transport Project

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Logo ofArabian Contracting Co. (Al Arabia)

Arabian Contracting Co. (Al Arabia)was awarded, on Dec. 25, a 10-year project with the Royal Commission for Riyadh City (RCRC) to invest in and lease the internal advertising spaces within the King Abdulaziz Public Transport Project in Riyadh, including the metro and buses.

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According to a statement to Tadawul, the value of the project will be based on revenue sharing, in addition to contractual fees, with a total value of SAR 563.22 million (VAT-excluded).

For more news on listed companies

 

Logo ofArabian Contracting Co. (Al Arabia)

Arabian Contracting Co. (Al Arabia)was awarded, on Dec. 25, a 10-year project with the Royal Commission for Riyadh City (RCRC) to invest in and lease the internal advertising spaces within the King Abdulaziz Public Transport Project in Riyadh, including the metro and buses.

According to a statement to Tadawul, the value of the project will be based on revenue sharing, in addition to contractual fees, with a total value of SAR 563.22 million (VAT-excluded).

For more news on listed companies

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