MIS signs SAR 152.7M contract with legal entity

Al Moammar Information Systems Co. (MIS) signed a project contract worth SAR 152.71 million, including VAT, with a legal entity.

In a statement to Tadawul, the company said the project spans a duration of six years.

The project details entails subscription and application services for computer information systems, the statement added.

MIS anticipates a positive financial impact from the first quarter of 2025 until the fourth quarter of 2029. There are related parties to the contract, the statement said