| Introduction | Al Kuzama Trading Company Announces the Signing of a Framework Agreement to Provide Catering and Hospitality Services to the Employees of the Ministry of Finance. |
| Date of Announcement of the Award | 2026-01-01 Corresponding to 1447-07-12 |
| Contract Subject Matter | Providing daily hospitality and catering services to the employees of the Ministry of Finance, pursuant to purchase orders issued in accordance with the agreed price list. |
| The Entity with Which the Contract was Signed | Ministry of Finance |
| Date of Signing the Contract | 2026-02-15 Corresponding to 1447-08-27 |
| Contract Value | The value of the agreement amounts to SAR 20,010,920, inclusive of Value Added Tax (VAT). |
| Contract Details | An agreement pursuant to which Al Kuzama Trading Company shall provide daily catering and hospitality services to the employees of the Ministry of Finance, in accordance with the agreed price list and the purchase orders issued by the Ministry. |
| Contract Duration | a period of 24 Gregorian months |
| Financial Impact and the Relevant Period | It is expected that the positive financial impact of the agreement will be reflected immediately upon commencement of supply and after receipt of the purchase orders in implementation of the agreement. |
| Related Parties | Not applicable. |
| Additional Information | This agreement is considered an extension of the Company’s expansion strategy in the catering and hospitality sector, aimed at enhancing its market share in this key line of business, maintaining diversification of its business portfolio, and aligning with the aspirations of the local market. |