MIS signs SAR 64.6M contract with SDAIA

Logo of Al Moammar Information Systems Co. (MIS)

Al Moammar Information Systems Co. (MIS) said it signed a contract worth SAR 64.63 million, including VAT, with the Saudi Data and Artificial Intelligence Authority (SDAIA) on Sept. 17.

 

In a statement to Tadawul, the company said the contract will support and develop the infrastructure for a system hosted at the National Information Center.

 

It also includes the construction of a highly secure environment that ensures business continuity and enhances the efficiency of e-services.

 

The contract will run for 36 months, the statement said.

 

MIS said that all procedures were completed and the contract received final approval after the end of the trading session on Sept. 17.

 

The financial impact of the contract will be reflected in Q3 2026 results.

 

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

 

According to data available with Argaam, MIS awarded a project by SDAIA in November worth approximately SAR 64.63 million, including VAT.

 

MIS projects with SDAIA since the beginning of 2025

Project

Date

Value (SAR mIn)

Improving and enhancing the AI private network

Jan. 26, 2025

58.7

Operation and maintenance of the Unified National Visa Platform

May 28, 2025

58.9

Provision of IT services and products

July 1, 2025

88.6

Expansion of the Naqaa Data Center

Sept. 8, 2025

227.8

Ensuring the security sustainability of the DeemCloud and providing and developing IT services

Oct. 19, 2025

42.9

Provision of IT services and products

Oct. 21, 2025

98.0

Provision of IT services and products to align with the National Information Center’s infrastructure

Oct. 22, 2025

84.0

Provision of technical services and products for high-speed network and security systems

Oct. 22, 2025

68.0

Support and development of infrastructure for a system hosted at the National Information Center

Sept. 17, 2026

64.6

Total

 

791.4

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