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Naqwa Secures Waqf Managed Services Deal
Nagaowa Information Technology Company announced that it has received the award letter for the framework agreement for managed services with the General Authority of Endowments, valued at up to 20 million Riyals including VAT. The contract involves providing network management and information security services for a period of three years, with a final signing expected on October 29, 2026, after completing the official procedures. There are no related parties involved, and the financial impact of the project will be reflected in the company’s financial statements according to the implementation periods.
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