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Saudi Public Transport Co. (SAPTCO) signed, today, Jan. 24, a public transport contract in Madinah with the Madinah Region Development Authority (MRDA) at a total value of SAR 57.5 million, including a 15% value-added tax (VAT).
The contract is valid for five years and is expected to have a positive impact on the company's revenues starting from the first half of 2022, the company said in a statement to Tadawul.
There are no related parties to the contract, SAPTCO Concluded.
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