4 Days
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الاقتصادية
MIS signs 64.6M riayals contract with Sadaia for system infrastructure
Almuammar Information Systems Company "MIS" has signed a contract with the Saudi Data and AI Authority "SDAIA" valued at 64.6 million Saudi Riyals to develop and support the infrastructure of a system hosted at the National Information Center. The goal is to build a highly secure environment that ensures business continuity and enhances the efficiency of electronic services. The financial impact is expected to begin from the third quarter of 2026. Additionally, the company is expanding its AI data centers from 50 MW to 250 MW through an agreement with "HUMAIN," which accounts for more than 689% of its total revenue for 2025. Implementation is set to commence upon receipt of work orders, with the financial effects continuing into 2026.
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