Saudi Azm signs contract with Monshaat

31/07/2024 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 a contract with the Small and Medium Enterprises General Authority (Monshaat), valued at over 5% of its 2023 revenues.

 

Under the 28-month agreement, Saudi Azm will operate, develop, and maintain Monshaat's internal systems, according to a statement to Tadawul today, July 31.

 

For more news and details on the projects

 

Saudi Azm expects the contract to positively impact its financial results for 2024 and 2025.

 

There are no related parties to the deal, the statement added.

 

The necessary signatures were obtained, and a copy of the contract was received today.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.