Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks IPOs and placings
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
4Global secures two contracts in Saudi Arabia
(Sharecast News) - Data, services and software company 4Global has secured two contracts in the Kingdom of Saudi Arabia (KSA), it announced on Tuesday, totalling over £0.8m in combined value. The AIM-traded firm said the majority of the work was slated for completion within the current financial year.
It said the first contract would involve 4Global's assessment of various sporting facilities in the region, in collaboration with a KSA client.
The objective was to determine the value and operational feasibility of the facilities, with the goal of securing public investment to support sports participation expansion in the area.
It said the second contract represented a partnership with a new regional client.
4Global said it would provide a comprehensive solution to evaluate the potential return on investment in sports facilities.
The solution aimed to enhance the overall return on investment by improving various aspects, including facilities, programmes, and events.
"We are delighted to have been awarded the two additional contracts in KSA," said chief executive officer Eloy Mazon.
"This is a significant achievement and a testament to our commitment to excellence and our strong presence in this region.
"Securing these contracts underscores the robustness of our international expansion strategy and the value our existing and potential customers see in gaining access to our data - DataHub - and insight solutions that are critical to them to make the right decisions at the right time."
4Global's board said it was confident the company was trading in line with market expectations for the current financial year.
At 0945 GMT, shares in 4Global were up 0.83% at 61p.
Reporting by Josh White for Sharecast.com.
Share this article
Related Sharecast Articles
Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity and Inclusion | Doing Business with Fidelity | Fidelity gender pay report | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Security | Statutory and Regulatory disclosures | Whistleblowing policy
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.