Alqemam signs SAR 1.9 mln contract to supply, install surveillance cameras

19/10/2023 Argaam

Alqemam signs SAR 1.9 mln contract to supply, install surveillance cameras

Logo of Alqemam for Computer Sysetms Co.

Alqemam for Computer Systems Co. signed a contract with the Alqemah Alashera Establishment for Information Systems Technology to provide AI-enhanced surveillance cameras and advertising screens for one of its customers, at a total value of SAR 1.9 million, including VAT.

 

The contract was signed on Oct.18, and will last 90 days from the date of signing, the company said in a statement to Tadawul.

 

The financial impact from this contract is expected on H2 2023 revenues, Alqemam said, adding that there are no related parties.

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