Riyadh — Mubasher: Perfect Presentation for Commercial Services Company (2P Perfect Presentation) announced the award of a cybersecurity project from the Jeddah Municipality at a total amount worth SAR 73.73 million, including value-added tax.

The contract was awarded on 27 August 2026 and focuses on the operation and maintenance of cybersecurity devices and systems within the Jeddah region of the Makkah Province, according to a bourse filing.

Under the terms of the agreement, 2P Perfect Presentation will manage more than 25 security systems and solutions.

The scope of work includes providing technical support, managing license renewals, and ensuring compliance with service level agreements.

Additionally, 2P Perfect Presentation will handle governance, risk management, and the development of security policies and procedures to enhance cybersecurity maturity for the municipality.

The company stated that the project is expected to have a positive financial impact on its results for the years 2026, 2027, 2028, and 2029. It added that there are no related parties involved in the transaction.

The listed entity 2P Perfect Presentation lately inaugurated a corporate branch outside Saudi Arabia in the Syrian Arab Republic.