Multi Business signs contract with King Abdullah Endowment

07/04/2026 Argaam- Nomu
The contract is expected to support the company’s financial performance through mid-2027

The contract is expected to support the company’s financial performance through mid-2027

Multi Business Group Co. signed a contract with King Abdullah Endowment for His Parents valued at more than 30% of the company’s 2025 revenue, the company said in a statement to Tadawul.

 

The 12-month project covers rehabilitation and efficiency upgrades for 29 mosques across Saudi Arabia, including construction and architectural finishing, as well as electrical and mechanical engineering work.

 

Multi Business said the contract involves no related parties and expects the financial impact to appear in 2026 results and the first half of 2027.

 

The company reported SAR 135.34 million in revenue in 2025, according to Argaam data.

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