Arabian Contracting Services

Al Arabia provides outdoor advertising in 80% of Saudi urban areas.

Arabian Contracting Services Co. (d/b/a Al-Arabia) reports a **241.9 million Saudi riyal net loss** in Q3, widening from prior periods. The company also experiences a decline in revenue, though specific figures are not detailed in the report. Shareholders face increased financial strain as losses deepen.

Nov 2026MarketScreenerNews article

Al-Arabia (Arabian Contracting Services Co.) extends terms on **SAR1.75 billion** in short-term bank facilities through agreements with **Saudi Awwal Bank, Banque Saudi Fransi, and Alrajhi Bank**. The refinancing preserves liquidity for the Saudi construction firm amid ongoing operations. Terms were negotiated to align with existing financial commitments.

Oct 2026MarketScreenerNews article

Arabian Contracting Services provides an update on its contract for outdoor advertising billboards in Riyadh. The company confirms progress on the project, which involves installing and managing billboards across the city. This initiative aligns with the growing demand for advertising infrastructure in Saudi Arabia’s capital.

Oct 2026TradingViewNews article

Arabian Contracting Services Company secures a **90-day suspension** of the Minimum Annual Guarantee (MAG) requirement from **Remat Al-Riyadh Development Company**. The approval applies to **Al Arabia Alliance for Smart Advertisement**, a joint venture between Arabian Contracting Services and **Saudi Company for Artificial Intelligence (SCAI)**. The suspension begins **October 26, 2026**, and expires **January 25, 2027**.

Oct 2026MarketScreenerNews article