| Element List | Explanation |
|---|---|
| Introduction | Alkhorayef Water and Power Technologies Co. Announces the Award of a Contract for the “Operation (Cleaning) of Rainwater Networks in the sub-municipalities of Al-Balad (BA), Al Jami’ah (JA) and Umm Al-Salam (US) - 19320” with Jeddah Amana Municipality |
| Date of Award | 2025-12-30 Corresponding to 1447-07-10 |
| Counterparty | Jeddah Amana Municipality |
| Project Value | 155,091,816.02 Saudi Riyal excluding VAT |
| Project Details | Alkhorayef Water and Power Technologies Co. will carry out the operation (cleaning) of rainwater and surface water networks, as well as closed and open canals, over a period of 60 months in Jeddah Governorate. |
| Related Parties | N/A |
| Additional Information | The financial impact resulting of the project is expected to take place during the Second quarter of the year 2026. |
The company will announce any future developments in this regard at the time, especially after receiving the final version of the contract agreement signed by all concerned parties.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.