19 Hrs
Source:
الاقتصادية
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MIS signs 64.6M Riyal Sadaia deal
Al Moammar Information Systems Company (MIS) signed a contract valued at 64.6 million SAR with the Saudi Data and AI Authority (SDAIA) to develop and support the infrastructure of a system hosted at the National Information Center, aimed at enhancing security and business continuity. The contract lasts for 36 months, and its financial impact is expected to become evident starting from the third quarter of 2026. Additionally, the company entered into an agreement with Hyumain to increase the capacity of AI data centers from 50 to 250 megawatts, representing an increase of over 689% of its 2025 revenues, with the financial impact beginning upon receipt of the actual work orders.
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