Al-Kharif signs contract with Royal Commission for Riyadh City worth 69.6 million riyals
Logo of Al-Kharif Water and Power Technology Company Al-Kharif Water and Power Technology Company has signed a contract with the Royal Commission for Riyadh City, valued at 69.59 million riyals excluding VAT. The company said in a statement on Tadawul that it will operate and maintain facilities and treated water networks - Group 1 in Riyadh for a period of 30 months. It explained that the financial impact of the project will begin to reflect in the second quarter of 2026, noting that there are no related parties. It added that it received the contract after the completion of signatures from all relevant parties on…
Al-Kharif signs contract with Royal Commission for Riyadh City worth 69.6 million riyals
Logo of Al-Kharif Water and Power Technology Company
Al-Kharif Water and Power Technology Company has signed a contract with the Royal Commission for Riyadh City, valued at 69.59 million riyals excluding VAT.
The company said in a statement on Tadawul that it will operate and maintain facilities and treated water networks - Group 1 in Riyadh for a period of 30 months.
It explained that the financial impact of the project will begin to reflect in the second quarter of 2026, noting that there are no related parties. It added that it received the contract after the completion of signatures from all relevant parties on Sunday, July 19, 2026, and accordingly the disclosure was made. According to data available on Argaam, Al-Kharif Water and Power Technology Company had announced last April the award of the operation, maintenance and cleaning contract for facilities and treated water networks - Group 1 in Riyadh with the Royal Commission for Riyadh City.
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Original source: Argaam
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