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DBS Tawuniya Sign Deal
Dar Albalad Business Solutions Company (“DBS”) signed a contract with Tawuniya Cooperative Insurance Company valued at SAR 60 million, excluding value-added tax, to provide technical support and maintenance services. The contract was signed on October 26, 2026, and the services will run for 28 months, from September 12, 2025, through December 31, 2027. The company said revenue will be recognized over the execution period, supporting its financial results, and confirmed that no related parties are involved in the transaction.
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