Logo ofArabian Internet and Communications Services Co. (solutions)
Arabian Internet and Communications Services Co. (solutions) signed, on Dec. 10, a contract worth SAR 151.2 million with (stc), a related party, to provide Red Hat licenses, maintenance services and technical support. 
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According to a statement to Tadawul, the financial impact of the three-year contract is expected appear on solutions financial statements starting in Q1 2025.
stc is the largest shareholder in solutions, with an ownership stake of 79%.
Logo ofArabian Internet and Communications Services Co. (solutions)
Arabian Internet and Communications Services Co. (solutions) signed, on Dec. 10, a contract worth SAR 151.2 million with (stc), a related party, to provide Red Hat licenses, maintenance services and technical support.
For more news on listed companies
According to a statement to Tadawul, the financial impact of the three-year contract is expected appear on solutions financial statements starting in Q1 2025.
stc is the largest shareholder in solutions, with an ownership stake of 79%.
