Retal Urban Development Signs Contract With Wajha Alpha For Investment Co

RETAL URBAN DEVELOPMENT COMPANY SJSC 4322:

• ANNOUNCES CONTRACT SIGN OFF WITH WAJHA ALPHA FOR INVESTMENT CO

• CONTRACT FOR DEVELOPMENT, MARKETING AND SALES AGREEMENT

• TOTAL EXPECTED PROCEEDS FROM AGREEMENT IS 64.3 MILLION RIYALS

• CONTRACT DURATION 30 MONTHS

• AGREEMENT WILL HAVE A POSITIVE IMPACT ON THE FINANCIAL RESULTS FOR THE YEARS 2023 , 2024 AND 2025