Signal · Supplier & Corporate Risk

‎SARCO signs SAR 12.87M contract

Argaam - Company Disclosures Trade press Published 23rd August 2026 Saudi Arabia, UAE

What the source reported

Source-reported

‎<img src="https://argaamplus.s3.amazonaws.com/8b92dae0-ac55-4996-8ada-aa6779b17aa2.png" > SARCO says financial impact expected to reflect starting from Q4 2026. <hr> <div data-olk-copy-source="MessageBody" dir="auto"> Saudi Arabian Refineries Co. (<a href="https://www.argaam.com/en/tadawul/tasi/sarco" target="_blank">SARCO</a>)said its subsidiary, Advanced Industrial Supplies Co., signed a SAR 12.87 million contract to execute works for the National Guard Housing Project in Yanbu. SARCO holds an 85% stake in Advanced Industrial through Masafi Ventures Co. The contract was subcontracted to Saudi Binladin Group. In a statement on Tadawul, the company said the project has a 12-month duration and involves the supply and installation of wooden doors for the Yanbu project. The financial impact is expected to reflect starting from Q4 2026, the statement added. </div>

Publication: Argaam - Company Disclosures · Stock Exchange/Regulatory Announcements
Published: 23rd August 2026
Original report: argaam.com

ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.

What ProcIntel recorded

ProcIntel-derived

Category: Supplier & Corporate Risk
Geography: Saudi Arabia, UAE
Organisations: None identified
Collected: 23rd August 2026 · 06:07

Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Significance 1 · Low

Confidence 1 · Very Low

Initial Significance Low (14.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Very Low (18.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (12.0/40 points). Limiting factor: Corroboration (2.5/25 points).

Strongest contributor: Procurement Impact
Limiting factor: Geographic Breadth

What the source reported

What ProcIntel recorded

Initial assessment ⓘMore about Initial Signal AssessmentProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.