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Sarco Unit Secures SAR8 Million Rehabilitation Works Contract for Saudi Hospital

MT Newswires·10/05/2026 01:38:43
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01:38 AM EDT, 10/05/2026 (MT Newswires) -- Saudi Arabia Refineries Co. (SASE:2030), d/b/a Sarco, unit Raya Al-Tajdeed, secured an 8 million-Saudi-riyal contract from Abdulrahman Nasser Al-Aqeel Sons Charitable Foundation. Raya Al-Tajdeed will deliver rehabilitation and preparation works for the women's and maternity inpatient department at King Khalid Hospital in Al-Majma'ah, Saudi Arabia, for eight months, according to a Monday release. The energy company expects the deal to positively impact its financial results from the third quarter of 2026 until the first quarter of 2027.