Arab Sea Information Systems inks deal to provide tech services to SMEs

Arab Sea Information Systems Co. (Arab Sea) has signed a memorandum of understanding (MoU) with the Small and Medium Enterprises Authority (Monshaat) to provide computer and technology services to SMEs, the firm said in a statement to Tadawul.

The value of the deal was not disclosed.

Under the renewable one-year contract, Arab Sea will provide technical services to small and medium businesses at a discounted price, as both parties aim to support the sector in-line with Vision 2030.