Signal · Supplier & Corporate Risk

‎SARCO subsidiary signs SAR 7.9M contract with King Khalid Hospital

Argaam - Company Disclosures Trade press Published 5th October 2026 Saudi Arabia, UAE

What the source reported

Source-reported

‎<img src="https://argaamplus.s3.amazonaws.com/8b92dae0-ac55-4996-8ada-aa6779b17aa2.png" > SARCO said the financial impact will be reflected from Q3 2026 through Q1 2027 <hr> Saudi Arabian Refineries Co. (<a href="http://www.argaam.com/en/tadawul/tasi/sarco" target="_blank">SARCO</a>) said its subsidiary Raya Al-Tajdeed Co. signed a contract with the Abdulrahman Nasser Al-Aqeel Sons Charitable Foundation, valued at SAR 7.93 million, including VAT. In a statement to Tadawul, the company said the eight-month contract, valid from the commencement date, covers rehabilitation and preparation works for the women’s and maternity inpatient department at King Khalid Hospital in Al Majma’ah. The positive financial impact is expected to be reflected in the company’s financial results from Q3 2026 through Q1 2027, the statement added.

Publication: Argaam - Company Disclosures · Stock Exchange/Regulatory Announcements
Published: 5th October 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: 5th October 2026 · 06:46

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.