Awarding a project with the Royal Commission in Riyadh for a period of 10 years

The Arab Company for Technical Contracting announced the award of a project with the Royal Commission for the City of Riyadh to invest and rent indoor advertising spaces within the King Abdulaziz Project for Public Transport in Riyadh (train and buses).
According to the company’s statement on the Saudi Tadawul, this came on December 25, 2024 AD and was proposed by the Royal Commission for the City of Riyadh for a period of 10 years.
This award represents an important step towards developing the advertising sector, especially in the public transportation project, which contributes to improving the experience of interaction with passengers.
The Arabian Company seeks to expand the field of advertising by using the latest billboard technologies in support of the goals of Vision 2030 and the National Transformation Program, and to enhance the integration of its advertising network in the city of Riyadh to include the exclusivity of both internal advertising spaces in the King Abdulaziz Public Transport Project and a project for external advertising media of all kinds in the city of Riyadh. Riyadh, and billboards at King Khalid International Airport, which contributes to supporting the company’s market share.
She explained that the value of the project is income sharing plus contracting fees, with a total value of 563,220,273 riyals, excluding value-added tax.
She noted the awarding of a project with the Royal Commission for the City of Riyadh to invest and rent indoor advertising spaces within the King Abdulaziz Project for Public Transport in Riyadh (train and buses) for a period of 10 years.