Logo of Edarat Communication and Information Technology Co.
Edarat Communication and Information Technology Co. won a SAR 11.5 million (VAT inclusive) contract by Saudi Arabian Mining Co. (Maaden) to provide edge computing services, the company said in a statement to Tadawul today, April 28.
The awarded contract aims to provide monthly subscription for fully-integrated cloud computing and artificial intelligence (AI) solutions. The services include edge data centers, infrastructure as a service and gadget, the company stated.
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Edarat expects the contract, which involves no related parties, to have a positive impact on its financial statements starting from Q2 2025.
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