Altharwah Albashariyyah Co. (Tharwah) Announces the Signing of a Project Contract with a Government Entity
Element List | Explanation |
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Introduction | Altharwah Albashariyyah Co. (Tharwah) announces the signing of a project contract with a government entity for the execution of developmental training programs for the entity’s employees, with a total value exceeding 15% of the company’s total revenues according to the latest audited annual financial statements as of 31/12/2024, inclusive of value-added tax (VAT). |
Date of Announcement of the Award | 2025-08-25 Corresponding to 1447-03-02 |
Contract Subject Matter | Execution of developmental training programs for the entity’s employees |
The Entity with Which the Contract was Signed | Government Entity |
Date of Signing the Contract | 2025-10-07 Corresponding to 1447-04-15 |
Contract Value | Exceeding 15% of the company’s total revenues according to the latest audited annual financial statements as of 31/12/2024, inclusive of value-added tax (VAT). |
Contract Details | Execution of developmental training programs for the entity’s employees |
Contract Duration | 18 Months |
Financial Impact and the Relevant Period | The financial impact is expected to be reflected starting from the fourth quarter of 2025 |
Related Parties | No related parties |
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