Time Entertainment awarded contract by Saudi Olympic Committee

TIME
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Riyadh — Mubasher: Time Entertainment Company has received a project award notice from the Saudi Olympic and Paralympic Committee to manage and execute educational programs and events for the Saudi Olympic Academy.

The company confirmed the award was received on 3 September 2026.

The contract value is expected to exceed 5% of the company's total annual revenues for 2025.

Under the terms of the agreement, Time Entertainment will be responsible for the organization and implementation of specialized learning initiatives and events hosted by the academy.

The company stated that there are no related parties involved in the transaction. This award aligns with the firm's core business of event management and program execution within the Kingdom's sports and education sectors.

No further financial details regarding the specific contract amount were disclosed in the regulatory filing.

In the first half (H1) of 2025, Time Entertainment recorded 94.40% lower net losses at SAR 110,465 when compared to SAR 1.98 million a year earlier.

Source: Mubasher Source: {{details.article.source}}