KEIR cancels contract with Arail Construction

24/01/2024 Argaam
Logo ofKEIR International Co.

Logo of KEIR International Co.


KEIR International Co. cancelled its contract with Arail Construction & Industrial Co. Ltd., announced on Jan. 15, according to a statement to Tadawul.

 

No party shall bear any liability for the contract cancellation, and no relevant financial impact was determined, the statement added.

 

On Jan. 15, KEIR signed a SAR 25.18 million contract with Arail to construct housing facilities for non-administrative employees in Sindalah-NEOM, Argaam reported.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.