Ashghal Al Moysra signs SAR 11M project with Madinah Municipality

20/08/2025 Argaam
Logo ofAl Ashghal Al Moysra Co.

Logo of Al Ashghal Al Moysra Co.

Al Ashghal Al Moysra Co. signed a project contract with the Madinah Municipality worth SAR 10.98 million, inclusive of VAT.

 

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In a statement to Tadawul, the company said the 36-month agreement covers the operation, maintenance, and cleaning of the Uhud Municipality buildings and associated facilities in Madinah, under a performance-based model.

 

The company noted that the project is expected to have a positive impact across 2025, 2026, and 2027.

 

There are no related parties involved, it added.

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