Naseej Signs SAR 13.8M UAE Library Contract
NASEEJ TECH 9538.SA | 0.00 |
On June 24, 2026, Naseej for Technology Co. announced the signing of a contract with the National Library and Archives, UAE to provide Collection Development and Cataloging Services. The contract is valued at AED 13,545,000 (inclusive of VAT), equivalent to SAR 13,829,445 based on an exchange rate of SAR 1.021000 per AED. The one-year project encompasses comprehensive professional services including collection development, cataloging, technical processing, and authority file development for Emirati intellectual and cultural assets. The company expects a positive financial impact from FY 2026 until FY 2027.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96353&anCat=1&cs=9538&locale=arImportant 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.
