Signal · Geopolitical Risk
SARCO unit wins SAR 7.2M Al-Qassim project
What the source reported
Source-reported<p ><img src="https://argaamplus.s3.amazonaws.com/8b92dae0-ac55-4996-8ada-aa6779b17aa2.png" ></p> <p class="ckeCaption" >The SAR 7.18 million subcontract was awarded by Saudi Binladin Group</p> <hr> <p >Saudi Arabia Refineries Co. (<a href="https://www.argaam.com/en/tadawul/tasi/sarco" target="_blank">SARCO</a>) said a subsidiary’s unit, Advanced Industrial Supplies Co. (also known as Lawazim Industrial) was awarded a subcontract by Saudi Binladin Group for the National Guard Housing Project in Al-Qassim.</p> <p ></p> <p >The contract is valued at SAR 7.18 million, excluding VAT, and covers the supply and installation of wooden doors for the National Guard Housing Project in Al-Qassim, according to a statement to <strong>Tadawul</strong>.</p> <p ></p> <p >SARCO said the project was awarded on Oct. 6, 2026, while the contract is expected to be signed on Oct. 18, 2026, adding that there are no related parties.</p>
- Publication
- Argaam - Main News · Trade Publication
- Published
- 7th 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
- Geopolitical Risk
- Geography
- Saudi Arabia
- Organisations
- None identified
- Collected
- 7th October 2026 · 05:34
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 (14.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (26.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Corroboration (2.5/25 points).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Geographic Breadth