Signal · Supplier & Corporate Risk
SARCO subsidiary secures SAR 33.5M project in Riyadh
What the source reported
Source-reported<p ><img src="https://argaamplus.s3.amazonaws.com/8b92dae0-ac55-4996-8ada-aa6779b17aa2.png" ></p> <p class="ckeCaption" >Logo ofSaudi Arabian Refineries Co. (SARCO)</p> <hr> <p >Saudi Arabian Refineries Co. (<a href="https://www.argaam.com/en/tadawul/tasi/sarco" target="_blank">SARCO</a>)said Raya Al-Tajdeed, a company owned by one of its affiliates, was awarded the Burjeel One Day Surgical Centre Project in Riyadh.</p> <p ></p> <p >In a statement to <strong>Tadawul</strong>, the company said the project covers turnkey construction, architectural, and electromechanical works, with a total value of SAR 33.5 million.</p> <p ></p> <p >SARCO expects to sign the project contract on Oct. 26.</p>
- Publication
- Argaam - Company Disclosures · Stock Exchange/Regulatory Announcements
- Published
- 6th 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
- 6th October 2026 · 16:32
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.
Initial Significance Low (16.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (23.5/100, 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