16 Hrs
Source:
الاقتصادية
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Source: الاقتصادية
16 Hrsالاقتصادية
Source: الاقتصادية
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Cenomi Centers has signed an SAR 825 million contract with Lynx Contracting to design and build a shopping center and offices as part of the Madinah Downtown project, being developed by Saudi Downtown Company, a subsidiary of the Public Investment Fund. The work is expected to take 30 months. The contract covers design, engineering, construction, procurement, installation, testing, commissioning and handover. Its financial impact is expected to be reflected in the company’s results during the execution period. The contract was classified as a related-party transaction. The company said it was concluded on customary market terms, and that interested board members abstained from the discussion and vote.
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