Ashghal Al Moysra wins Madinah Municipality contract worth SAR 12.7M

11/08/2025 Argaam
Logo ofAl Ashghal Al Moysra Co.

Logo of Al Ashghal Al Moysra Co.


Al Ashghal Al Moysra Co. listed on Nomu-Parallel Market, announced today, Aug. 11, that it was awarded a project by Madinah Municipality for SAR 12.72 million, inclusive of VAT, according to a statement on Tadawul.

 

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Under the contract, Al Ashghal Al Moysra will operate, maintain, and clean Quba Municipality buildings and their affiliated facilities in Madinah. It noted that the contract is performance-based.

 

The company was awarded the project on Aug. 10, with the signing expected on Oct. 10.

 

There are no related parties involved, it noted.

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