Logo of Advance International Company for Communication and Information Technology (AICTEC)
Advance International Company for Communication and Information Technology (AICTEC) secured, on April 18, a project to supply and install inspection devices for the Border Guard at SAR 2.99 million, including value-added tax (VAT), according to a statement to Tadawul.
The signing of the four-month contract is expected on May 7, 2023. These devices would include baggage inspection devices and security gates.
The relevant financial impact is forecast to appear by the end of 2023.
The contract included no related parties.
Any future developments will be disclosed in due course, the statement added.
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