Edarat receives SAR 8.1M purchase order, inks SAR 9.7M contract with BPS

Logo of Edarat Communication and Information Technology Co.

Edarat Communication and Information Technology Co. received today, July 22, a new purchase order for an existing contract with Digital Centers for Data and Communication (center 3) to execute the data center phase 3 expansion at a value of SAR 8.05 million (VAT-inclusive).

In a statement to Tadawul, the company indicated that the new purchase order is an extension to an existing contract to deliver data center design and supervision consulting services in various regions of the kingdom.

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The contract term is 12 months, said the company, adding that there are no related parties. It also expects the contract to have a positive impact on its financial statements in Q3 2024.

In a separate statement to Tadawul, Edarat announced signing a contract today with BPS ARABIA for Information Technology, under which it will be granted the rights to provide VMware cloud services in Saudi Arabia to its clients, at a value of SAR 9.7 million (excluding VAT). It noted that there are no related parties.

Edarat added that the contract term is three years, expecting the contract to have a positive impact on its financial statements in Q3 2024.