MIS board OKs establishment of data center management subsidiary

11/07/2023 Argaam

MIS board OKs establishment of data center management subsidiary

Logo of Al Moammar Information Systems Co.

Al Moammar Information Systems Co.’s (MIS) board of directors approved on July 10, establishing a 100%-owned subsidiary in Riyadh. The subsidiary will specialize in managing, operating, and marketing data centers. 

 

The relevant approvals and licenses were obtained, MIS said in a statement to Tadawul.

 

This decision aligns with the company’s strategy to expand its operations in the data center market, the statement added.

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