Sure signs SAR 14M contract with RDIA

Sure Global Tech Co. signed today, Nov. 3, a contract worth SAR 14 million (inclusive of VAT) with the Research, Development, and Innovation Authority (RDIA) to establish and develop the National Platform for Research, Development, and Innovation Support Management.

In a statement to Tadawul, the company said that establishing and developing a national electronic platform for research management will meet digital government requirements, providing ease of use for beneficiaries and decision-makers.

This initiative aims to foster a knowledge- and innovation-based national economy, boosting production and enhancing global competitiveness.

The project spans three years and is expected to have a positive impact on the company’s financial statements from 2024 to 2026, Sure added.

Sure received an award notice for this project in July, according to Argaam’s data.