Al Ashghal Al Moysra wins SAR 3.16M ETEC furniture project

Al Ashghal Al Moysra Co. signed a contract today, June 14, with the Education and Training Evaluation Commission (ETEC) valued at SAR 3.16 million, inclusive of VAT.

The 36-month agreement covers dismantling, packaging, transportation, and installation of furniture and materials belonging to the commission and its centers across Saudi Arabia, the company said in a statement on Tadawul.

Management expects the contract to add to the company's financial performance for 2026, 2027, and 2028.

ETEC, a government body, evaluates education and training programs. The work order fits Al Ashghal's core logistics and furnishing services. Similar government contracts have provided recurring revenue streams for service providers in the Saudi market.