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Senaat Unit Bags SAR349 Million Contract for Steel Structures

MT Newswires·12/21/2025 07:08:38
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07:08 AM EST, 12/21/2025 (MT Newswires) -- A unit of Advanced Building Industries (SASE:2240), d/b/a Senaat, won a contract for the design, fabrication, and supply of steel structures and insulated panel cladding works from Qatar's Elegancia Steel. The project is valued at 348.7 million Saudi riyals, the Saudi Arabia-listed builder said Sunday. The contract awarded to Egypt-based Zamil Structural Steel is part of the initial package of contracts for the execution of a portion of the Baladna Algeria project, targeting the development of a large-scale milk powder production facility in Algeria.