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2026-09-27T06:15:24.409Z

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Al-Masafi subsidiary signs Bana Banan deal

Al-Masafi subsidiary signs Bana Banan deal

Al-Najd National for Refining and Petrochemicals "Sarko" has entered into a subcontracting agreement valued at 3.404 million SAR with Luwazem Al-Mutawwirah for Industry, to carry out work on the Baqa Banan project, including the manufacturing, supply, and installation of wooden doors and decorative elements for residences. The contract duration is 136 days, with delivery and installation starting by mid-January 2027. Its financial impact will be reflected in the company's results beginning from the third quarter of 2026 through the first quarter of 2027. There are no related parties involved in this contract, and it is part of the company's operational activities.

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