Cinema Centers secures 1.33B Riyal contract for Khobar Mall
Al-Merkez Arabia "Synomi Centers" announced the signing of a contract valued at 1.33 billion SAR to design and execute the "Khobar Downtown Mall and Boulevard" project, spanning a period of 36 months. The contract includes design work, engineering, construction, supply, installation, testing, and commissioning, culminating in final delivery and full operation. Performance guarantees, insurances, and delay penalties are also considered. The project's financial impact is expected to reflect in the company's results during the execution period.
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