Saudi Azm inks SAR 17M contract with ETEC

Logo of Saudi Azm for Communication and Information Technology Co.

Saudi Azm for Communication and Information Technology Co. signed on March 17 a contract worth SAR 19.96 million with the Education and Training Evaluation Commission (ETEC) to operate and maintain its systems. 

 

The two-year contract aims to provide technical and consulting services to support ETEC, according to a statement to Tadawul. 

 

The necessary signatures were completed, and a copy of the contract was received on March 27. 

 

Saudi Azm expects this contract to have a positive financial impact on its financials in 2024 and 2025, noting that there are no related parties. 

 

In December 2023, Saudi Azm won a project to provide operation and maintenance works for ETEC’s systems, Argaam earlier reported. 

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