Multi Business inks fire network implementation contract with Riyadh Holding

14/07/2025 Argaam
Logo ofMulti Business Group Co.

Logo of Multi Business Group Co. 

Multi Business Group Co. signed a contract with Riyadh Holding Co. to implement the fire network project for the general site of the Scrap Metal City, according to a Tadawul statement.

 

The contract value exceeds 5% of the company’s total revenues for 2024.

 

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The work scope includes construction, architectural, and fit-out, as well as electrical and mechanical engineering works.

 

The contract, signed on July 14, will be valid for 10 months. However, the date mentioned in the contract is June 24. The signed copy of the contract was received at the end of the working day on July 13, the statement added.

 

The contract is expected to have a positive financial impact on the company’s results for H2 2025 and H1 2026.

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