Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) received notification of a project award from Tabuk Municipality to operate the first phase of Tabuk City's public transport network.

The contract holds a value of SAR 83.99 million for five years, according to a bourse disclosure.

It is worth mentioning that SAPTCO was awarded the project contract on 5 December 2023.

In the first nine months (9M) of 2023, SAPTCO reported a net profit of SAR 44.73 million.