On June 16, 2026, Anmat Technology for Trading Company announced the signing of a final contract with Saudi Energy Company for the replacement and expansion of end-user devices across all business areas throughout Saudi Arabia. The contract, signed on June 15, 2026, has an estimated value of SAR 314,504,366 (inclusive of VAT) and operates as a unit rate contract where actual value depends on quantities executed through purchase orders. The agreement covers supply, delivery, installation, configuration, testing, and upgrade of various end-user devices including desktop computers, laptops, workstations, and interactive displays, with a contract term running until June 30, 2028. The company expects positive financial impact starting from the third quarter of 2026 through the contract's completion.

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.