MIS Signs SAR 190.5M IT Contract with NCM

MIS

MIS

7200.SA

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Al Moammar Information Systems Company (MIS) announced on May 3, 2026 the signing of a contract with the National Center for Meteorology valued at SAR 190,521,257.85, inclusive of VAT. The three-year contract involves providing information technology systems services across all NCM locations in Saudi Arabia to ensure systems operate at full capacity and efficiency. The financial impact will begin in the second quarter of 2026 and continue through the second quarter of 2029.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94864&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.