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Al Moammar Information Systems Company (MIS) announces that it has signed contract with the Saudi Authority for Data and Artificial Intelligence at a value of 227,761,361.70 Saudi riyals (including value-added tax)

MIS 7200 2.73% 131.50 3.50
Element List Explanation
Introduction Al Moammar Information Systems Company (MIS) announces that it has signed a contract with the Saudi Authority for Data and Artificial Intelligence at a value of 227,761,361.70 Saudi riyals (including value-added tax)
Date of Announcement of the Award 2025-02-06 Corresponding to 1446-08-07
Contract Subject Matter “Naqaa" Data Center Expansion project
The Entity with Which the Contract was Signed Saudi Authority for Data and Artificial Intelligence
Date of Signing the Contract 2025-09-07 Corresponding to 1447-03-15
Contract Value (227,761,361.70) SAR including VAT.
Contract Details Expansion of the "Naqaa" Data Center in Riyadh, related to the Saudi Authority for Data and Artificial Intelligence (SDAIA), represented by the National Information Center (NIC), to meet the growing demand for hosting and data center capacity in the field of digital technologies.
Contract Duration 36 Months
Financial Impact and the Relevant Period Positive financial impact Starting from the fourth quarter of 2025
Related Parties N/A
Additional Information The contracting procedures were completed, and the contract was received on Sunday 07-09-2025.

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