Waja Company
9560.SR
Saudi Exchange6.84
SAR
-0.30
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Waja Company
9560.SR
(Saudi Exchange)
Recent
price
6.84
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div
yld
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ROIC.AI
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- Business
- Waja Company Waja Company (9560.SR) is a Saudi joint-stock company headquartered in Riyadh, founded in 2013, that operates as a multi-sector provider of construction, media and communication, and information technology services aligned with Saudi Vision 2030. The company undertakes general construction works for residential and non-residential buildings including schools, hospitals, hotels, water distribution stations, and main lines; interior decoration design and rehabilitation projects; furniture manufacturing and wood-based furniture supply and installation; software development, consultation, big data, network services, system analysis, and artificial intelligence technologies; advertising agency services; and operation and maintenance for facilities such as student housing and university buildings, primarily serving government entities, ministries, universities, sports federations, and private clients across the Kingdom of Saudi Arabia. Recent developments include the board's approval in February 2025 to transition from Nomu to the Main Market with Qima Financial as advisor; appointment of Ammar Salem Al-Nahdi as CEO in October 2024; signing a SAR 49.45 million contract in March 2024 with the Ministry of Finance for office furniture and kitchen equipment supply and installation; a strategic digital transformation deal with SAP in January 2024 spanning engineering, technology, and media; memorandums of understanding with Restored Cloud (USA) for AI collaboration and Vista Media & Design (Germany) for engineering, architectural design, museums, and media content; a framework cooperation agreement with the Arab Organization for Industrialization for a joint venture in Egypt; awards for projects with the Saudi Arabian Football Federation, Education and Training Evaluation Commission (SAR 97.9 million), Ministry of Housing, Alkorayef Water and Energy Technology, and Saudi Electricity Regulatory Authority; and a first-class classification in construction from the Ministry of Municipal and Rural Affairs valid through 2024, alongside 2023 annual revenues of SAR 198.81 million and net income of SAR 5.70 million.