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Edarat Communication and Information Technology Co. (EDARAT) announces contract signature with National Center For Meteorology (NCM).

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EDARAT
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1445/09/03     13/03/2024 15:46:24

Element ListExplanation
Introduction Edarat Communication and Information Technology Co. (EDARAT) announces the contract signature with (NCM) for a period of (18) months.
Date of Announcement of the Award 2023-12-26 Corresponding to 1445-06-13
Contract Subject Matter To provide licensing, implementation and support of Meteomatics weather analysis system.
The Entity with Which the Contract was Signed National Center For Meteorology (NCM).
Date of Signing the Contract 2024-02-10 Corresponding to 1445-07-29
Contract Value 12,410,287 SAR (VAT Included).
Contract Details Provide Meteomatics Weather Analysis System licenses (Weather API and Metx) and Integration and Monitoring System including application installation, configuration and support.
Contract Duration 18 Months
Financial Impact and the Relevant Period The contract is expected to have a positive impact on the Company's financial statements for year 2024 AD and 2025 AD.
Related Parties N/A
Additional Information The necessary signatures have been completed a by the end of the working day 03/09/1445 AH corresponding to13-03-2024 AD

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Last Price 410.0
Net Change 0.0 (0.0%)
Value Traded (Sar) 1,109,524
Volume Traded 2,726
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