Naseej Tech inks SAR 25.9M contract with Ministry of Culture

07/12/2023 Argaam

Logo of Naseej for Technology Co.


Naseej for Technology Co. (Naseej Tech) signed, on Nov. 19, a contract worth SAR 25.92 million (VAT inclusive) with the Ministry of Culture to support and preserve the ministry’s archaeological collectibles.

The 24-month contract includes inventorying, evaluating, treating, restoring, and installing tools to preserve archaeological collectibles, in addition to preparing and setting facilities to store the collectibles and devices to be protected in these facilities, according to a statement to Tadawul.

The company expects the contract to have a positive impact on fiscal years 2024 and 2025, noting that no related parties are included in the deal.

According to data available on Argaam, Naseej Tech won the project in October.


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