Logo of Saudi Azm for Communication and Information Technology Co.
Saudi Azm for Communication and Information Technology Co. signed, on Oct. 25, a contract with the Water Transmission and Technologies Co. (WTTCO) to provide human resources as per the scope of services.
In a statement to Tadawul, the company said that the contract is valued at maximum of SAR 10 million.
The 15-month contract is expected to positively impact the company's financial results for fiscal year 2023-2024.
The necessary signatures were completed, and a copy of the contract was received after end of the working day on Nov. 3.
There are no related parties, the statement noted.
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