Riyadh Cables signs SAR 450M power cable supply contract

07/04/2026 Argaam
Riyadh Cables signs a SAR 450 million contract with Mohammed Al-Ojaimi Contracting

Riyadh Cables signs a SAR 450 million contract with Mohammed Al-Ojaimi Contracting

Riyadh Cables Group Co. signed a SAR 450 million contract with Mohammed Al-Ojaimi Contracting Co. in Saudi Arabia to supply power transmission cables for electricity generation and transmission projects.

 

In a statement to Tadawul, the company said it expects a positive financial impact from the 12-month contract to appear starting in the fourth quarter of 2026.

 

The company added that there are no related parties to the deal.

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