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Neft Alsharq signs SAR 12M contract to supply engine oils to Ethiopia
26/08/2024
Argaam
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Logo of Neft Alsharq Company for Chemical Industries
Neft Alsharq Company for Chemical Industries signed on Aug. 25 a contract with Abdulaziz Ali Import and Export Corporation to supply engine oils to Ethiopia.
The deal is worth $3.2 million (SAR 12 million), Neft Alsharq said in a statement to Tadawul.
The one-year contract does not include any related parties, the statement added.
Neft Alsharq expects a positive impact on the company's financial results for 2024 and 2025.
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