MIS wins SAR 47.03 mln IT contract from Advanced Electronics

06/10/2022 Argaam

MIS wins SAR 47.03 mln IT contract from Advanced Electronics

Logo of Al Moammar Information Systems Co. (MIS)

Al Moammar Information Systems Co. (MIS) received, on Oct. 5, an approval to renew the IT licenses project contract with Advanced Electronics Co. (AEC) for a total amount of SAR 47.03 million (inclusive of value-added tax), according to a bourse statement.

 

The contract is expected to be signed on Oct. 12, the company added, noting that no related parties are included in the deal.

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