ReutersReuters

Retal Urban Development Signs Contract With Wajha Alpha For Investment Co

RETAL URBAN DEVELOPMENT COMPANY SJSC 4322:

  • ANNOUNCES CONTRACT SIGN OFF WITH WAJHA ALPHA FOR INVESTMENT CO

  • CONTRACT FOR DEVELOPMENT, MARKETING AND SALES AGREEMENT

  • TOTAL EXPECTED PROCEEDS FROM AGREEMENT IS 64.3 MILLION RIYALS

  • CONTRACT DURATION 30 MONTHS

  • AGREEMENT WILL HAVE A POSITIVE IMPACT ON THE FINANCIAL RESULTS FOR THE YEARS 2023 , 2024 AND 2025

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