Al Arabia says subsidiary Faden Media Co. holds the 10-year contract
The contract was awarded by Al Balad Al Ameen Co., the investment wing of Holy Makkah Municipality, for SAR 68.25 million (excluding VAT).
The contract term is 10 years, including a one-year preparation and construction period free of charge.
The project consists of advertising billboards on the facades of at least four buildings, located along the following main axes; Prince Mohammed bin Salman Axis, Makkah – Old Jeddah Road, Makkah – Madinah Road, Makkah – Al Sail, Taif Road, Makkah, Al Hada, Taif Road, Ibrahim Al Khalil Road and Makkah Al Lith Road.
The deal included no related Parties, the statement added.
Al Arabia says subsidiary Faden Media Co. holds the 10-year contract
The contract was awarded by Al Balad Al Ameen Co., the investment wing of Holy Makkah Municipality, for SAR 68.25 million (excluding VAT).
The contract term is 10 years, including a one-year preparation and construction period free of charge.
The project consists of advertising billboards on the facades of at least four buildings, located along the following main axes; Prince Mohammed bin Salman Axis, Makkah – Old Jeddah Road, Makkah – Madinah Road, Makkah – Al Sail, Taif Road, Makkah, Al Hada, Taif Road, Ibrahim Al Khalil Road and Makkah Al Lith Road.
The deal included no related Parties, the statement added.

