Saudi news

Care International signs a contract with the Saudi Ports Authority worth 16.6 million riyals

Care International announced the signing of a contract with the General Authority for Saudi Ports worth 16.58 million riyals, including value-added tax.

The company said in a statement on “Saudi Tadawul”, today, Monday, that the contract includes linking 10 ports of the General Authority for Ports (Riyadh Port, Jeddah Islamic Port, King Abdulaziz Port in Dammam, King Fahd Industrial Port in Yanbu, Yanbu Commercial Port, King Fahd Industrial Port in Jubail, and Jubail Commercial Port). Duba Port, Jazan Port, and Ras Al-Khair Port) with fiber optic network and internal network works.

She added that the contract period is 7 months from the date of signing the contract.

She indicated that the financial impact will appear on the financial statements during the contract period 12/2022 AD until the first half of 2023 AD.

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