Alqemam Signs Framework Agreement With Saudi EXPRO Authority
ALQEMAM 9558.SA | 0.00 |
On August 10, 2026, Alqemam for Computer Systems Co.(9558.SA) announced the signing of a Framework Agreement with the Expenditure & Projects Efficiency Authority (EXPRO) to provide infrastructure, data licenses, and software solutions to government entities. The award was announced on April 15, 2026, and the agreement carries a duration of 24 months. The contract value will be determined based on purchase orders issued under the agreement, with disclosable orders to be announced in due course. The agreement is expected to have a positive financial impact upon receipt of purchase orders, including an IT maintenance and operation contract with the Emirate of Hail Region valued at SAR 19,898,827.20 (VAT inclusive) over 36 calendar months. No related parties are involved in this transaction.
Original announcement:
Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.
