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Al Moammar Information system co. (MIS) announces the signing of a contract for a project to develop solutions for the Brooq visual communication system with the Saudi Authority for Data and Artificial Intelligence with a total value of 35,999,351.60 including VAT

7200
MIS
0.93 %
1444/11/24     13/06/2023 09:10:59

Element ListExplanation
Introduction Al Moammar Information system co. (MIS) announces the signing of a contract for a project to develop solutions for the Brooq visual communication system with the Saudi Authority for Data and Artificial Intelligence with a total value of 35,999,351.60 including VAT
Date of Announcement of the Award 2023-01-04 Corresponding to 1444-06-11
Contract Subject Matter 1. Raising the level of compliance with cyber security controls

2. Expanding the infrastructure of the Brooq system

3. Building and developing applications for the secure visual communication system "Brooq".

4. Training the cadres of the Brooq system to be able to expand and operate in technical services

Date of Signing the Contract 2023-06-12 Corresponding to 1444-11-23
Contract Value 35,999,351.60 including VAT
Contract Details 1. Raising the level of compliance with cyber security controls

2. Expanding the infrastructure of the Brooq system

3. Building and developing applications for the secure visual communication system "Brooq".

4. Training the cadres of the Brooq system to be able to expand and operate in technical services

Contract Duration 36 Month
Financial Impact and the Relevant Period Starting Q2 2023
Related Parties NA

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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Key Parameters
Last Price 130.8
Net Change 1.2 (+0.93%)
Value Traded (Sar) 2,552,169.1
Volume Traded 19,660
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