MIS bags SAR 227.8M project from SDAIA

Al Moammar Information Systems Co. (MIS) was awarded by the Saudi Data & AI Authority (SDAIA) the Naqaa Data Center expansion project, according to a statement to Tadawul.

The total value of the project is SAR 227.8 million including VAT.

The project entails expanding the Naqaa Data Center in Riyadh to meet the growing demand for hosting, in addition to expanding the capacity of the data center in the field of digital technologies.

The contract will likely be signed on March 5, 2025, and there are no related parties included in the deal, the statement added.