Neft Alsharq signs SAR 2.6M contract to supply goods

Neft Alsharq Company for Chemical Industries signed a contract with the First Circle Capital Co. to supply engine oils to an African country for $685,200 (or SAR 2.57 million).

The company said in a statement on Tadawul that the 60-day contract started from the signing date, indicating that it will have a positive impact on 2024’s financials.

There are no related parties to the contract, it noted.