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‎Wajd Life pens SAR 39.3M contract with Majmaah University

Source
Argaam - Company Disclosures
Source link
https://www.argaam.com/en/article/articledetail/id/1925067
Published
2026-08-02 10:59:00
Discovered by ProcIntel
2026-08-02 14:26:41
Category
Supplier Risk
Geography
Saudi Arabia, UAE
Organisations
Review status
Pending
Record type
REAL

Summary

‎<p><img src="https://argaamplus.s3.amazonaws.com/34f5264d-f537-4c76-93da-c418e32ff25c.png"></p> <p class="ckeCaption" >Wajd Life secures SAR 39.3M, three-year contract with Majmaah University</p> <hr> <p ><a href="https://www.argaam.com/en/tadawul/nomu/wajd-life" target="_blank">Wajd Life</a> said there are no related parties to the three-year contract and expects it to have a positive financial impact over its duration.</p> <p ></p> <p >According to a <strong>Tadawul </strong>filing, the contract covers the operation, maintenance, and cleaning of the university's colleges and facilities.</p> <p ></p> <p >Wajd Life said there are no related parties to the contract and expects it to have a positive financial impact over its duration.</p> <p ></p> <p >According to <span ><strong>Argaam </strong></span>data, Wajd Life announced in May that it had been awarded the SAR 39.28 million contract by Majmaah University.</p>

Procurement Relevance Gate

FAIL — score 7.0/100 — evaluated 2026-08-02 14:26:41
Only geographic exposure matched — no substantive content indicator, so this cannot pass alone.
  • geographic_exposure (weight 8) — matched on "2 linked geographies"

Initial Signal 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.

Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.