WSM inks SAR 2.2M contract with King Abdulaziz Royal Reserve

02/05/2024 Argaam

WSM inks SAR 2.2M contract with King Abdulaziz Royal Reserve

Logo of WSM for Information Technology Co.

WSM for Information Technology Co. signed a contract worth SAR 2.2 million (VAT included) to build, develop, and manage a website and mobile application for King Abdulaziz Royal Reserve.

 

In a statement to Tadawul, WSM pointed out that the duration of the contract is 24 months from the date of receiving the site.

 

The deal is expected to have a positive impact on the company’s financials from 2024 to 2026.

 

The necessary signatures were completed, and a copy of the contract was received on May 1, the statement noted, adding that there are no related parties to the deal.

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