Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) and Alahsa Municipality signed an agreement valued at SAR 92.99 million.
The deal covers operating a public bus transport network in Al Ahsa Province for five years, according to a bourse disclosure.
The awarding and signing dates of the contract were 18 July and 1 October 2024, respectively.
Meanwhile, the contract is expected to have a positive financial impact on SAPTCO’s financial statements during the third quarter (Q3) of 2025.
Last August, SAPTCO rolled out a SAR 83.99 million agreement with Tabuk Municipality.
