Edarat Communication and Information Technology Co. announced on March 11, 2026 that it received a Purchase Order from Banque Saudi Fransi to provide data center colocation services. The contract value exceeds 5% of Edarat's 2025 revenue including VAT, with the purchase order awarded on March 10, 2026. The contract is expected to be signed on April 10, 2026.

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.