Logo of Saudi Azm for Communication and Information Technology Co.
Saudi Azm for Communications and Information Technology Co. signed a contract for the establishment and operation of the Heavy Equipment Regulatory Center with the Saudi Standards, Metrology, and Quality Organization (SASO).
The company, in a statement to Tadawul today, Sept. 7, said the value of the 36-month contract exceeds 20% of its 2022/2023 revenue.
The project aims to provide foundational, operational, and advisory services to the Heavy Equipment Regulatory Center.
The deal is expected to have a positive impact on Saudi Azm's 2024/2025 financial results. All the necessary signatures were completed, and a copy of the contract was received today.
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