‎MIS inks SAR 58.7M contract with SDAIA

Al Moammar Information Systems Co. (MIS) signed a contract with the Saudi Authority for Data and Artificial Intelligence (SDAIA) on January 23, valued at SAR 58.7 million (including VAT), according to a statement to Tadawul.

The contract involves enhancing SDAIA’s artificial intelligence (AI) network while providing the necessary services and software.

Advertisement

The contract has a duration of 36 months, with a financial impact expected to begin in Q1 2025.

The statement further noted that there are no related parties involved in the deal.

Al Moammar Information Systems Co. (MIS) signed a contract with the Saudi Authority for Data and Artificial Intelligence (SDAIA) on January 23, valued at SAR 58.7 million (including VAT), according to a statement to Tadawul.

The contract involves enhancing SDAIA’s artificial intelligence (AI) network while providing the necessary services and software.

The contract has a duration of 36 months, with a financial impact expected to begin in Q1 2025.

The statement further noted that there are no related parties involved in the deal.