Multi Business wins project with Riyadh Holding

23/06/2025 Argaam
Logo ofMulti Business Group Co.

Logo of Multi Business Group Co. 


Multi Business Group Co. won a project with Riyadh Holding Co. valued at more than 5% of the company's revenues for 2024.

 

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In a statement to Tadawul, the company said the project involves fire protection works in Scrap Metal City. The scope of work includes construction, architectural finishing, and electrical and mechanical engineering services.

 

Multi Business added that the contract was signed today, June 23, adding that there are no related parties involved.

 

The company’s 2024 revenue reached about SAR 135.05 million, with 5% equating to approximately SAR 6.75 million, according to Argaam’s data.

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