Saudi Azm to provide consulting services to investment ministry

Logo of Saudi Azm for Communication and Information Technology Co.

Saudi Azm for Communication and Information Technology Co. received a purchase order from the ministry of investment to provide consulting services in the development and training field.

 

According to a statement on Tadawul, the award was based on the framework agreement between the Saudi Azm and the investment ministry.

 

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The purchase order, exceeding 5% of Saudi Azm's total revenues for fiscal year 2024, is subject to the terms and conditions of the framework agreement.

 

The project, awarded on Nov. 14, has no related parties, the statement added.

 

Saudi Azm's revenues for the fiscal year ended June 2024 totaled SAR 217.6 million, with 5% amounting to approximately SAR 10.9 million.

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