Saudi AZM Obtains Digital Government Revenue-Sharing Qualification

AZM -1.86%

AZM

7211.SA

21.62

-1.86%

Saudi AZM for Communication and Information Technology Co. announced on February 18, 2026 that it has obtained qualification to carry out Digital Government activities under the Revenue-Sharing Model from the Digital Government Authority. The company received Category (A) qualification, the highest qualifying category for revenue sharing with the public sector, during a ceremony held on February 17, 2026. This qualification grants the company competitive advantages in various categories and sizes of projects and confirms its technical and operational readiness to enter major public sector tenders. The qualification is expected to contribute positively to the company's business growth and revenue diversification through strengthened public-private partnerships.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93205&anCat=1&cs=7211&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.

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