Alqemam Technologies Secures SAR 2.37M Infrastructure Contract

ALQEMAM

ALQEMAM

9558.SA

0.00

On May 18, 2026, Alqemam Technologies for Computers and Systems Co. announced it received a purchase order from Al-Kam Telecommunications and Information Technology Company valued at SAR 2,368,464 inclusive of VAT. The contract, signed on May 17, 2026, involves providing infrastructure support services to a government entity for a duration of 6 months until November 30, 2026. The financial impact is expected to be reflected in the second quarter of fiscal year 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95468&anCat=1&cs=9558&locale=ar

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.