Logo of Edarat Communication and Information Technology Co. (Edarat)
Edarat Communication and Information Technology Co. (Edarat) signed, on June 22, a contract worth SAR 2.8 million with Al Moammar Information Systems Co. (MIS), for providing cloud services, the company said in a statement to Tadawul.
The one-year contract aims to provide cloud services for MIS as part of a digital transformation program for one of the Public Investment Fund’s (PIF) companies in Saudi Arabia.
Edarat will provide Infrastructure as a Service (IaaS) and Backup as a Service (BaaS) across two regions in the Kingdom.
The contract is expected to positively impact the company’s financials during Q3 2023.
MIS is a related party to the contract.
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