‎DBS signs SAR 60M contract with Tawuniya

‎DBS signs SAR 60M contract with Tawuniya ‎DBS signs SAR 60M contract with Tawuniya

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Logo ofDar Albalad for Business Solutions Co. (DBS)

Dar Albalad for Business Solutions Co. (DBS) signed a SAR 60 million contract, excluding VAT, with The Company for Cooperative Insurance (Tawuniya) to provide IT support and maintenance services.

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In a statement to Tadawul, the company said the contract runs for 28 months, from Sept. 12, 2025, to Dec. 31, 2027.

It noted that the contract is expected to positively affect the company’s financial results over its term.

There are no related parties to the deal, the statement added. The contract procedures were completed on Nov. 11.

 

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Logo ofDar Albalad for Business Solutions Co. (DBS)

Dar Albalad for Business Solutions Co. (DBS) signed a SAR 60 million contract, excluding VAT, with The Company for Cooperative Insurance (Tawuniya) to provide IT support and maintenance services.

In a statement to Tadawul, the company said the contract runs for 28 months, from Sept. 12, 2025, to Dec. 31, 2027.

It noted that the contract is expected to positively affect the company’s financial results over its term.

There are no related parties to the deal, the statement added. The contract procedures were completed on Nov. 11.

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