MIS Expands HUMAIN AI Data Center Contract to 250 MW

MIS

7200.SA

0.00

On August 26, 2026, Al Moammar Information Systems Company (MIS) announced on the Saudi Exchange (Tadawul) the latest developments regarding its contract with HUMAIN, originally disclosed on March 5, 2026. The Company received an award letter dated August 25, 2025, expanding the scope of the AI-dedicated data center project from 50 MW to 250 MW, through the addition of data centers with a total capacity of 200 MW to be implemented in phases. Following this expansion, the total contract value now exceeds 689% of the Company's total revenue for 2025. MIS will commence Engineering, Procurement and Construction (EPC) works immediately, with the final contract expected to be signed within two weeks, while confirming that progress on the original project remains on schedule.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97794&anCat=1&cs=7200&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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.

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.