Element List	Explanation
Introduction	Saudi Real Estate Co. (“Al-Akaria” ) announces the signing of a Framework Agreement with Expo 2030 Riyadh Company to execute the Early Works for the Expo 2030 Riyadh project (“The project”), to one of its subsidiaries Saudi Real Estate Infrastructure Company (“Binyah”).
Memorandum Signing Date	2025-11-20 Corresponding to 1447-05-29
Counterparty	Expo 2030 Riyadh Company
Memorandum Subject	The Agreement scope includes demolition, earthworks and miscellaneous logistics activities to support the Project early works and site logistics.
Memorandum Duration	4 Years
Related Parties	Public Investment Fund
Financial Impact	The financial impact will be determined based on the assigned works.
Additional Information	Binyah Company is one of the national companies specialized in implementing infrastructure development works, of which the Saudi Real Estate Company (Al Akaria) owns (60%). It specializes in constructing roads, streets, sidewalks and road supplies, constructing bridges and tunnels, laying oil and gas pipelines, constructing stations and main lines for water distribution, constructing sewage stations and projects, sewage networks and pumps, constructing port docks and marine construction, demolishing and removing buildings and others, enabling sites from (cutting, filling, Demolition & compaction) and networks extensions.