In a recent development, Al Muneef Company for Trade, Industry, Agriculture, and Contracting has made a significant announcement. The company has successfully secured a contract with the renowned International Vehicle Exhibition Company for Cars. This contract entails the purchase of 20 state-of-the-art Mercedes trailer trucks, specifically the 2021 AD model. This strategic move is expected to bolster Al Muneef Company's operations and further strengthen its position in the industry. In a recent interview, the individual expressed their thoughts on the matter at hand. They shared their perspective. In a significant development, the signing date for the contract has been officially confirmed as October 9, 2023 AD. The contract, valued at an impressive 7,500,000 riyals, is a crucial step in the company's strategic plan to revamp its transportation fleet. Notably, the funding for this modernization initiative will be sourced internally by the company itself. In a recent development, the prestigious contract has been granted to the International Vehicle Exhibition Company for Cars. After careful evaluation of all the offers received, the company's financial and technical proposals emerged as the most outstanding among the rest. In a significant development, Hamad bin Murshid Al Munif, the Director of the International Vehicle Exhibition Company for Automobiles and Chairman of the Board of Directors, is set to embark on a new venture. Al Munif Company for Trade, Industry, Agriculture, and Contracting will be the latest addition to his already impressive portfolio. The anticipated financial repercussions are expected to manifest themselves by the conclusion of the fourth quarter.
