Abdullah Al-Ghamdi, CEO of Al Moammar Information Systems Co. (MIS)
Al Moammar Information Systems (MIS) CEO Abdullah Al-Ghamdi said the company’s backlog stands at nearly SAR 3.8 billion, excluding other framework agreements with Saudi Aramco, Saudi Basic Industries Corp. (SABIC), Saudi Technology and Security Comprehensive Control Co. (Tahakom), and the Saudi Data Center Fund 1, as well as leasing contracts with Microsoft, which are expected to support future performance. 
He told Argaam that Q2 2025 contract awards in digital infrastructure, systems solutions, cybersecurity, managed services, and platform and application monitoring exceeded SAR 800 million, compared to SAR 550 million a year earlier.
In H1 2025, signed contracts rose to SAR 1.5 billion from SAR 860 million a year ago, supported by ongoing development that strengthened client confidence.
Al-Ghamdi said MIS is diversifying operations through new opportunities, expanding professional services, and boosting activities across tech sectors, which lifted net income.
The company is developing new products via subsidiaries, including a buy-now-pay-later firm and a medical company, with operating losses from these units and provisions for the digital bank weighing on H1 profitability.
Lower revenue was linked to weaker data center income as projects neared completion and delays in contract signings, though MIS saw gains in professional services and core ICT operations.
He expects revenue to improve as projects progress and new deals are signed, noting planned data center expansion under a deal with the Saudi Data Center Fund 1 to build 112 MW facilities, with impact in coming periods.
Abdullah Al-Ghamdi, CEO of Al Moammar Information Systems Co. (MIS)
Al Moammar Information Systems (MIS) CEO Abdullah Al-Ghamdi said the company’s backlog stands at nearly SAR 3.8 billion, excluding other framework agreements with Saudi Aramco, Saudi Basic Industries Corp. (SABIC), Saudi Technology and Security Comprehensive Control Co. (Tahakom), and the Saudi Data Center Fund 1, as well as leasing contracts with Microsoft, which are expected to support future performance.
He told Argaam that Q2 2025 contract awards in digital infrastructure, systems solutions, cybersecurity, managed services, and platform and application monitoring exceeded SAR 800 million, compared to SAR 550 million a year earlier.
In H1 2025, signed contracts rose to SAR 1.5 billion from SAR 860 million a year ago, supported by ongoing development that strengthened client confidence.
Al-Ghamdi said MIS is diversifying operations through new opportunities, expanding professional services, and boosting activities across tech sectors, which lifted net income.
The company is developing new products via subsidiaries, including a buy-now-pay-later firm and a medical company, with operating losses from these units and provisions for the digital bank weighing on H1 profitability.
Lower revenue was linked to weaker data center income as projects neared completion and delays in contract signings, though MIS saw gains in professional services and core ICT operations.
He expects revenue to improve as projects progress and new deals are signed, noting planned data center expansion under a deal with the Saudi Data Center Fund 1 to build 112 MW facilities, with impact in coming periods.
