Naseej Tech wins SAR 38.9M project from Ministry of Commerce

02/11/2025 Argaam- Nomu
Naseej expects to sign contract on Nov. 15

Naseej expects to sign contract on Nov. 15

Naseej for Technology Co. was awarded on Oct. 30 a project by the Ministry of Commerce with a total value of SAR 38.89 million, inclusive of VAT. The project seeks to develop a unified data center designed to leverage artificial intelligence (AI) technologies.

 

In a statement to Tadawul, the contract is expected to be signed on Nov. 15, and the project is scheduled to run for 18 months.

 

There are no related parties to the project, the statement added.

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