Saudi Azm, WTTCO sign HR contract at SAR 10 mln maximum value

06/11/2022 Argaam
Logo ofSaudi Azm for Communication and Information Technology Co.

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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