MIS Secures SAR 114.6M Ministry Contract

MIS +0.79%

MIS

7200.SA

178.90

+0.79%

On April 12, 2026, Al Moammar Information Systems Company (MIS) announced it received a purchase order from the Ministry of Education valued at SAR 114,553,137.6 (inclusive of VAT). The contract, signed on April 1, 2026, covers the provision of IT services and products for a duration of one calendar year. The financial impact is expected from the second quarter of 2026 through the second quarter of 2027, with the purchase order falling under a framework agreement previously signed with the Expenditure and Project Efficiency Authority.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94342&anCat=1&cs=7200&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.