On August 5, 2026, Al Moammar Information Systems Co. announced the signing of a framework agreement with Saudi Aramco for the provision of data center colocation services, including racks, cooling, power, connectivity, physical security, and support services to host Data Only Drill (DoD) and Disaster Recovery (DR) requirements. The contract, signed on the same date, has a duration of five (5) years, extendable for an additional two (2) years in accordance with the terms of the agreement. The contract value will be determined pursuant to purchase orders based on the price list included in the framework agreement. The agreement is expected to have a positive financial impact on the company, effective from the date of receipt of the first purchase orders.

Original announcement:

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.