IssuerAnnouncementDetailsV2Portlet
Actions
Arabian Contracting Services Co. Announces through its arm Arabiya United for Advertising Service (an associate company) Contract Sign Off with MOT Investment and Development for 10 Years, to grant the rights for installing and operating billboards at the bus stations of the BRT route on the ring road in Greater Cairo.
| Element List | Explanation |
|---|---|
| Introduction | Arabian Contracting Services Co. Announces Contract Sign Off with MOT Investment and Development for 10 Years through its arm Arabiya United for Advertising Service (an associate company), to grant the rights for installing and operating billboards at the bus stations of the BRT route on the ring road in Greater Cairo. |
| Date of Announcement of the Award | 2025-05-05 Corresponding to 1446-11-07 |
| Contract Subject Matter | Utilization of advertising spaces for installing and operating billboards at the bus stations of the BRT route on the ring road in Greater Cairo. |
| The Entity with Which the Contract was Signed | MOT Investment and Development |
| Date of Signing the Contract | 2025-05-05 Corresponding to 1446-11-07 |
| Contract Value | The contract value is less than 5% of total revenue as per latest audited financial statements for the year 2024. |
| Contract Details | Utilization of 28 BRT bus stations ( Screens ) and 10 pedestrian bridges ( Fixed ) for installing and operating billboards at the bus stations of the BRT route on the ring road in Greater Cairo. |
| Contract Duration | 10 Years |
| Financial Impact and the Relevant Period | The financial impact of the contract will be reflected in the fourth quarter of 2025. |
| Related Parties | None |
| Additional Information | Arabiya United for Advertising Services is an Egyptian joint stock company established in partnership with Arabian Contracting Services Co., aiming to bring a transformative leap in the development of the outdoor advertising sector in the Arab Republic of Egypt. In line with the company strategy, Arabian Contracting Services is working to expand its existing advertising network by entering into strategic partnerships with key players in the local and regional out-of-home advertising industry—those with deep expertise and high efficiency. This approach aims to strengthen cooperation, leverage international experience, and deliver high-quality advertising services through the adoption of the latest technologies in the field. These efforts contribute to elevating the company’s position, reinforcing its leadership, and expanding its regional presence. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
Share
Company Performance
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions