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Naqwa inks 20M Riyal Awqaf deal
Naqwa Information Technology Company has signed a framework project contract for managed services in network systems and information security with the General Authority of Awqaf, valued at a total of up to 20 million SAR. The contract duration is three years, starting from 2026. The agreement includes providing network and information security services, with the financial impact beginning in the 2026/2027 fiscal year. There are no related parties involved in the contract, and any future purchase orders will be announced as material events.
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