Logo of Alkhorayef Water and Power Technologies Co.
Alkhorayef Water and Power Technologies Co. (AWPT) signed a contract worth SAR 43.4 million (excluding VAT).
In a statement on Tadawul, the company said it will carry out the operation and maintenance works for the water networks, pumping stations, wells, reservoirs, and their associated facilities in Tabuk for 36 months.
AWPT expects the project’s financial impact to appear in the fourth quarter of 2025, noting that it will announce any future developments in due course, particularly after receiving the final version of the contract signed by all relevant parties.
Alkhorayef confirmed that there are no related parties to the contract.
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