Logo of Saudi Azm
Saudi Azm for Communications and Information Technology Co. was awarded a contract by the Development Authorities Support Center (DASC) to operate and support the information technology department. The contract value is 5% higher than the company’s 2024 topline.
In a statement to Tadawul, Saudi Azm said the award letter was received by the end of the business day on June 25.
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There are no related parties to the deal.
Saudi Azm’s revenues reached SAR 217.64 million for the fiscal year ended June 2024, of which 5% accounts for about SAR 10.9 million.
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