Neft Alsharq enters into supply deal with Prime Circle Investment

Getty Images/Getty Images

The Saudi company will provide Prime Circle Investment Company with engine oils for two months starting from the contract signing date 13 July 2024

Staff Writer, Mubasher

July 17, 2024

PHOTO

Neft Alsharq Company for Chemical Industries has signed off a contract valued at SAR 2.05 million to supply engine oils, according to a bourse disclosure.

The Saudi company will provide Prime Circle Investment Company with engine oils for two months starting from the contract signing date 13 July 2024.

Neft Alsharq expects the contract to have a positive impact on its financial results for 2024.

Prime Circle Investment Company was established and registered in 2000 in Amman, the capital city of Jordan, with the focus of trading automobile oils.

It is worth highlighting that Neft Alsharq started the listing and trading of its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on 25 June this year.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.