Cinemacity Signs 1.33bn SAR Deal for Al Khubar Mall

Arabian Centres Company announced the signing of a contract valued at 1.33 billion riyals with Lynx Contracting Company to design and execute the "Khobar Downtown Mall and Boulevard" project. The scope includes design, engineering, construction, supply, installation, testing, and commissioning, with an execution period of up to 36 months. The contract will be presented to the General Assembly of shareholders for final approval, and its financial impact is expected to be reflected in the company's results during the execution period.

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