| Element List |
Explanation |
| Introduction |
Al Jouf Cement Company announces the signing of a contract with Webuild SpA. According to this contract, Al Jouf Cement Company sells cement to Webuild SpA , for NEOM projects. |
| Date of Announcement of the Award |
2024-07-23 Corresponding to 1446-01-17 |
| Contract Subject Matter |
Selling Cement |
| The Entity with Which the Contract was Signed |
Webuild SpA |
| Date of Signing the Contract |
2024-07-23 Corresponding to 1446-01-17 |
| Contract Value |
(104,191,650) one hundred and four million one hundred and ninety-one thousand six hundred and fifty riyals. Excluding VAT. |
| Contract Details |
Al Jouf Cement Company sells cement to Webuild SpA |
| Contract Duration |
41 months from the date of signing |
| Financial Impact and the Relevant Period |
The financial impact will be positive on the company’s financial statements starting from the third quarter of 2024 until the end of the contract period |
| Related Parties |
none |
| Additional Information |
Note that the contract is subject to increased quantities |
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