Naseej Tech inks SAR 41.55 mln contract with TVTC

03/09/2023 Argaam
Logo ofNaseej for Technology Co.

Logo of Naseej for Technology Co.

Naseej for Technology Co. signed a contract worth SAR 41.55 million (VAT inclusive) with the Technical and Vocational Training Corporation (TVTC), for the development of electronic training systems and courses and providing licenses, according to a filing to Tadawul. 

 

The company expects the related financial impact to be reflected in 2023-2025 financials. It indicated that the 27-month contract was signed on Aug. 29, noting that documents were completed on Sept. 3. 

 

Last June, Naseej Tech won a project worth SAR 41.5 million from TVTC, to provide a platform for e-learning and training, content management, and e-portfolios, according to Argaam's available data. 

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