Al-Masafi awards 33.5M Riyal project

Saudi Arabian Refining Company "SARCO" has announced the awarding of a project valued at 33.5 million riyals to its subsidiary, Raya Renewal, in Riyadh, for the development of the Bargil Day Surgery Center. The project involves the execution of construction, architectural, and electromechanical works under a turnkey system. The contract is expected to be signed on October 26, 2026. There are no related parties involved in the project, and its financial impact and the timing of its reflection on the financial statements will be determined based on the implementation stages after the contract is signed.

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