MIS inks SAR 227.8M data center expansion contract with SDAIA

Logo of Al Moammar Information Systems Co. (MIS)

Al Moammar Information Systems Co. (MIS) said that Vision Bank obtained the no-objection from the Saudi Central Bank (SAMA) to commence its banking operations in the Kingdom of Saudi Arabia, according to a statement to Tadawul.

 

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In February 2021, MIS board of directors approved entering in an investment as a founding shareholder with a consortium of several commercial entities to establish a Shariah-compliant digital bank in Saudi Arabia.

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