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MSI Shares Hit 52-Week High
Almutamari Company for Information Systems "MIS" stock hit its highest level in 52 weeks after announcing the awarding of a data center hosting contract for Almustaqbal Company for Artificial Intelligence "Humaine," valued at more than 30% of its projected annual revenue for 2025. The stock surged to 214.70 SAR before declining by 2.06% to close at 213.80 SAR, with trading volumes totaling 71,000 shares. The contract holds strategic significance in supporting digital infrastructure requirements and the development of artificial intelligence applications and big data processing.
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