Saudi Azm, Health Endowment Fund ink deal to develop, operate Shefaa e-platform

21/07/2022 Argaam

Logo of Saudi Azm for Communication and Information Technology Co.

Saudi Azm for Communication and Information Technology Co. announced today, Juy 21, the signing of a contract with Health Endowment Fund for the development and operation of the latter’s Charitable Therapy Platform (Shefaa), according to a bourse statement.

 

The contract, which exceeds 5% of the company’s total revenues for 2021, is valid for 36 months, starting from notice of work commencement. It is extendable for three additional years.

 

There are no related parties in the deal, which is projected to leave a positive financial imprint on the company's 2022 and 2023 earnings.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read