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Naseej for Technology Co. Announces Contract Sign Off with National Elearning Center

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NASEEJ TECH
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1446/01/09     15/07/2024 09:49:40

Element ListExplanation
Date of Announcement of the Award 2024-05-23 Corresponding to 1445-11-15
Contract Subject Matter Operation and managed services for the Learning management system
The Entity with Which the Contract was Signed National Elearning Center
Date of Signing the Contract 2024-07-14 Corresponding to 1446-01-08
Contract Value 11,250,404.05 Riyals, (VAT included)
Contract Details The managed services project for the Learning management system aimed to enhancing confidence in e-learning, enabling equal access to lifelong e-learning, and pioneering sustainable innovation in e-learning, to achieve access to reliable and accessible e-learning for all.

The National E-Learning Center seeks to ensure the stability of the services provided by their learning management system and to ensure the platform's efficiency in adapting the latest technologies and practices in e-learning. The services include operation and maintenance while ensuring that the educational and training process is continued to the maximum extent possible.

Contract Duration 36 months.
Financial Impact and the Relevant Period This contract shall have a positive impact on company's financial statements for the years 2024,2025, and 2026.
Related Parties Not Applicable.

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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