MIS board allocates SAR 40M for AI investments

11/01/2024 Argaam
Logo ofAl Moammar Information Systems (MIS)

Logo of Al Moammar Information Systems (MIS) 


Al Moammar Information Systems's (MIS) board of directors approved allocating SAR 40 million to establish a self-financed investment portfolio.

 

The portfolio will invest in international companies in the field of artificial intelligence (AI), in order to benefit from the growth in opportunities in this lucrative field, MIS said in a statement to Tadawul.

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