premargin

Arabian Contracting Services Co. (Al-Arabia) signed a 10-year contract on February 12, 2026, with Tibah Airports Operation Company Ltd. for advertising rights at Prince Mohammad bin Abdulaziz Airport (PMIA) in Madinah.
The contract value is based on revenue sharing or a minimum guarantee of SAR 169,070,248 (excluding VAT) for the total duration, whichever is higher.
The scope includes the establishment, operation, and maintenance of digital and iconic advertising billboards across all terminals, featuring a 3-month transition period and a 6-month grace period.
The financial impact of the agreement is expected to be reflected in the company’s results starting from the second quarter of 2026.

Element List	Explanation
Introduction	Referring to the announcement of Arabian Contracting Services Co. ("Al-Arabia”) on 20/06/1447H, corresponding to 11/12/2025G, regarding the winning of a bid for the advertising opportunity at the Prince Mohammad bin Abdulaziz Airport ("PMIA") in Madinah for a duration of 10 years. Al-Arabia would like to announce that on Thursday, 24/08/1447H, corresponding to 12/02/2026G, the agreement was signed with Tibah Airports Operation Company Ltd.
Date of Announcement of the Award	2025-12-11 Corresponding to 1447-06-20
Contract Subject Matter	Advertising opportunity at the Prince Mohammad bin Abdulaziz Airport ("PMIA") in Madinah
The Entity with Which the Contract was Signed	Tibah Airports Operation Company Ltd
Date of Signing the Contract	2026-02-12 Corresponding to 1447-08-24
Contract Value	Revenue sharing, or the minimum guarantee of SAR 169,070,248 for the total duration of the contract (excluding VAT) after including the grace period – whichever is higher.
Contract Details	This contract comprises the establishment, operation, and maintenance of all types of advertising billboards, using the latest technology, including digital interactive & Iconic digital screen structures, at all terminals and locations within the boundaries of PMIA in Madinah. This contract represents an important step toward strengthening the Al-Arabia's presence within airports, in line with Al-Arabia’s efforts to expand its advertising network across key national assets. It also builds on the company’s recent progress following the signing of the King Khalid International Airport contract, reflecting its partners’ confidence in Al-Arabia’s operational capabilities and further enhancing the integration of its advertising network across the Kingdom.
Contract Duration	10 Years, including a 3-month transition period and a 6-month grace period.
Financial Impact and the Relevant Period	The financial impact of the contract will be reflected in the second quarter of 2026.
Related Parties	None

Element List

Explanation

Introduction

Referring to the announcement of Arabian Contracting Services Co. ("Al-Arabia”) on 20/06/1447H, corresponding to 11/12/2025G, regarding the winning of a bid for the advertising opportunity at the Prince Mohammad bin Abdulaziz Airport ("PMIA") in Madinah for a duration of 10 years.

Al-Arabia would like to announce that on Thursday, 24/08/1447H, corresponding to 12/02/2026G, the agreement was signed with Tibah Airports Operation Company Ltd.

Date of Announcement of the Award

2025-12-11 Corresponding to 1447-06-20

Contract Subject Matter

Advertising opportunity at the Prince Mohammad bin Abdulaziz Airport ("PMIA") in Madinah

The Entity with Which the Contract was Signed

Tibah Airports Operation Company Ltd

Date of Signing the Contract

2026-02-12 Corresponding to 1447-08-24

Contract Value

Revenue sharing, or the minimum guarantee of SAR 169,070,248 for the total duration of the contract (excluding VAT) after including the grace period – whichever is higher.

Contract Details

This contract comprises the establishment, operation, and maintenance of all types of advertising billboards, using the latest technology, including digital interactive & Iconic digital screen structures, at all terminals and locations within the boundaries of PMIA in Madinah.

This contract represents an important step toward strengthening the Al-Arabia's presence within airports, in line with Al-Arabia’s efforts to expand its advertising network across key national assets. It also builds on the company’s recent progress following the signing of the King Khalid International Airport contract, reflecting its partners’ confidence in Al-Arabia’s operational capabilities and further enhancing the integration of its advertising network across the Kingdom.

Contract Duration

10 Years, including a 3-month transition period and a 6-month grace period.

Financial Impact and the Relevant Period

The financial impact of the contract will be reflected in the second quarter of 2026.

Related Parties

None

Arabian Contracting Services Co. Announces Contract Sign-Off with Tibah Airports Operation Company Ltd. for advertising opportunity at the Prince Mohammad bin Abdulaziz Airport ("PMIA") in Madinah for 10 years.