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Digital Research Company (DRC) announces signing a framework agreement with Government entity.
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DRC
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1447/12/14 31/05/2026 15:34:41
| Element List | Explanation |
|---|---|
| Introduction | Digital Research Company (DRC) announces signing a framework agreement of providing research and consulting services with Government entity. |
| Date of Announcement of the Award | 2026-02-26 Corresponding to 1447-09-09 |
| Contract Subject Matter | Providing the research and consulting services. |
| The Entity with Which the Contract was Signed | Government entity |
| Date of Signing the Contract | 2026-05-31 Corresponding to 1447-12-14 |
| Contract Value | Total value of the framework agreement exceeds 30% of company’s total revenue as per the audited financial statements of FY 2025. (including VAT) |
| Contract Details | The contract aims to provide Research and Consulting Services. |
| Contract Duration | 3 years effective from 31-05-2026 |
| Financial Impact and the Relevant Period | This framework agreement is expected to have a positive financial impact on the company's financial statements starting from FY 2026. |
| Related Parties | There is no related party. |
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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