Al Moammar Signs AI Data Center Contract Worth 155% of The Company's 2024 Revenue

MIS 0.00%

MIS

7200.SA

158.20

0.00%

Al Moammar Information Systems Co. announced on March 5, 2026 the signing of a contract with HUMAIN valued at more than 155% of the company's 2024 revenue (including VAT). The contract, signed on March 4, 2026, involves designing and building a data center specifically for artificial intelligence technologies with a 12-month duration. The company expects a positive financial impact starting from Q2 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93462&anCat=1&cs=7200&locale=ar

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