Ban Holding ends NEOM catering deal

The Banyan Group Holding Company intends to terminate the catering services contract for the NRC26 project in the NEOM area with Alfa Facilities Contracting Company, a subsidiary of Alfanar Group, effective September 30, 2026. The company will continue providing its services until that date to ensure operational continuity, while committing not to let this termination affect its other projects or operational activities in the region. The company also confirmed that this measure does not incur additional costs at present and is aimed at complying with the legal contract, while maintaining efficient management of its other projects and ensuring continued service delivery until the contract period ends.

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