Wajd Life signs SAR 39.3M operations, maintenance contract with IMSIU
- Source
- Argaam - Company Disclosures
- Source link
- https://www.argaam.com/en/article/articledetail/id/1929774
- Published
- 2026-08-16 17:09:00
- Discovered by ProcIntel
- 2026-08-16 14:01:42
- 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" >Logo ofWajd Life Trading Co.</p> <hr> <p ><a href="https://www.argaam.com/en/tadawul/nomu/wajd-life" target="_blank">Wajd Life Trading Co.</a> signed today, Aug. 16, a contract worth SAR 39.33 million with Imam Mohammad Ibn Saud Islamic University (IMSIU).</p> <p ></p> <p >The three-year contract covers the operation and maintenance of medical equipment and clinics at the university’s campus, the company said in a statement to <strong>Tadawul</strong>, adding that the contract was awarded following the tender bid on May 19.</p> <p ></p> <p >The project is expected to have a positive financial impact on Wajd Life over the next three years, with no related parties to the deal, the statement added.</p>
Procurement Relevance Gate
- 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.