Saudi Arabia’s Alwasail Industrial has announced that it has secured a contract worth SAR8.83 million ($2.35 million) from Almabani General Contractors Company to supply materials for the Sports Boulevard project in Riyadh.

The contract covers the manufacture and supply of materials in line with the project’s approved technical specifications, Alwasail said in its filing to Saudi bourse Tadawul.

The entire contract work will be completed within a one-year period starting from the date of supply, it stated.

The financial impact is expected to be reflected in Q4 and also the first two quarters of 2027, it added.-TradeArabia News Service