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Al-Arabia Secures 90-day Suspension of Minimum Annual Guarantee for Saudi Advertising Project
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03:21 AM EDT, 10/27/2026 (MT Newswires) -- Advertising group Arabian Contracting Services (SASE:4071), d/b/a Al-Arabia, received approval from Remat Al-Riyadh Development to temporarily suspend the minimum annual guarantee for its outdoor advertising contract in Riyadh, Saudi Arabia. The 90-day suspension will be effective from Monday through Jan. 25, 2027, according to a Tuesday release. It will allow Remat to review a request from Al Arabia Alliance for Smart Advertisement, jointly owned by Al-Arabia and Saudi Co. for Artificial Intelligence, to address financial and operational challenges affecting the project. The suspension will end once Remat reaches a decision or the 90 days expires, whichever comes first.
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