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Element List	Explanation
Introduction	Saudi Arabian Amiantit Company announces the signing of a Memorandum of Understanding (MoU) with Saudi Railways "SAR" on Sunday evening, 27/04/1447H corresponding to 19/10/2025G, during the Saudi International Railway Exhibition and Conference held in Riyadh, with the aim of enhancing cooperation in the field of railway infrastructure development.
Memorandum Signing Date	2025-10-19 Corresponding to 1447-04-27
Counterparty	Saudi Arabia Railways “SAR”
Memorandum Subject	The MoU aims to enhance cooperation between the two parties in the field of developing and improving the infrastructure of stormwater drainage networks and protecting facilities, through the use of (GRP) pipes. The two parties agreed to exchange experiences and conduct practical tests in order to contribute to achieving their common interests. This cooperation aims to: - Raising the efficiency and reliability of rainwater drainage structures. - Supporting logistics and enhancing the feasibility of rail infrastructure and utilities. - Developing infrastructure to ensure the sustainability of facilities and contribute to reducing future maintenance costs.
Memorandum Duration	Two Years, Effective from signature date
Related Parties	No related parties
Financial Impact	There is no financial impact on signing this memorandum
Additional Information	Any material developments will be announced.

Saudi Arabian Amiantit Co. announces signing a Memorandum of Understanding with Saudi Arabia Railways “SAR”