Logo ofAl Moammar Information Systems (MIS)
Al Moammar Information Systems (MIS) announced the sale of its entire investment in XAi for SAR 15.9 million ($4.24 million). 
The company added in a statement on Tadawul that the investment cost was SAR 3.75 million ($1 million), resulting in a positive financial impact of SAR 12.2 million ($3.24 million).
It explained that the positive financial impact will be reflected in the company’s Q4 2025 results, noting that the sale is part of its strategy to explore other investment opportunities.
MIS stated that the sale closing procedures were completed on Dec. 25.
According to available data on Argaam, MIS’s board of directors approved in January 2024 the allocation of SAR 40 million to form an investment portfolio through self-financed investments in global AI companies.
The company previously announced in May 2024 an investment of SAR 3.75 million ($1 million) in holding stake in X.AI Corp.
Logo ofAl Moammar Information Systems (MIS)
Al Moammar Information Systems (MIS) announced the sale of its entire investment in XAi for SAR 15.9 million ($4.24 million).
The company added in a statement on Tadawul that the investment cost was SAR 3.75 million ($1 million), resulting in a positive financial impact of SAR 12.2 million ($3.24 million).
It explained that the positive financial impact will be reflected in the company’s Q4 2025 results, noting that the sale is part of its strategy to explore other investment opportunities.
MIS stated that the sale closing procedures were completed on Dec. 25.
According to available data on Argaam, MIS’s board of directors approved in January 2024 the allocation of SAR 40 million to form an investment portfolio through self-financed investments in global AI companies.
The company previously announced in May 2024 an investment of SAR 3.75 million ($1 million) in holding stake in X.AI Corp.
