“Research and Media” signs two framework agreements with a government entity
The Saudi Research and Media Group signed "Research and media"Two framework agreements with one of the government agencies in the Kingdom.
The company said in a statement on the website "Saudi Arabia trading"Through the agreement, the group will be granted capabilities related to Saudi government taxes, fees, and other costs, in exchange for some of the commitments that the group has undertaken to continue developing and strengthening the local media system in the Kingdom.
It should be noted that it is difficult to determine the capabilities accurately because they are linked to future taxes, fees, and other costs, and several other factors that are difficult to predict upon signing the two agreements.
The company expected that its financial impact would begin as of the second quarter of the year 2026 AD, and since it is difficult to determine The impact accurately, given what was mentioned above, and the difficulty of determining the amount of achieved use of the capabilities, this will be reflected in the company’s future financial results.
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