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Naseej for Technology Co. Announces Contract Sign Off with e& Enterprise Cloud - Sole Proprietorship L.L.C (a subsidiary of Emirates Telecommunications Group Company PJSC)
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NASEEJ TECH
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1447/10/27 15/04/2026 09:04:05
| Element List | Explanation |
|---|---|
| Introduction | Naseej for Technology announces the signing of a contract to provide maintenance, technical, and operational support services with e& Enterprise Cloud - Sole Proprietorship L.L.C (a subsidiary of Emirates Telecommunications Group Company PJSC) |
| Date of Announcement of the Award | 2026-04-14 Corresponding to 1447-10-26 |
| Contract Subject Matter | Project for the Provision of Maintenance, Technical support, and Operational Services for Mohammed Bin Rashid Library with e& Enterprise Cloud - Sole Proprietorship L.L.C (a subsidiary of Emirates Telecommunications Group Company PJSC) |
| The Entity with Which the Contract was Signed | e& Enterprise Cloud - Sole Proprietorship L.L.C (a subsidiary of Emirates Telecommunications Group Company PJSC) |
| Date of Signing the Contract | 2026-04-14 Corresponding to 1447-10-26 |
| Contract Value | AED (22,740,450.60) inclusive of Value Added Tax (VAT), equivalent to SAR (23,215,498.61), based on the exchange rate announced on the Saudi Central Bank at SAR (1.020890) per AED. |
| Contract Details | Naseej for Technology has signed a contract with e& Enterprise Cloud - Sole Proprietorship L.L.C (a subsidiary of Emirates Telecommunications Group Company PJSC), to provide maintenance, technical, and operational support services for Mohammed Bin Rashid Library, one of the most prominent knowledge and cultural landmarks in the Arab world. Naseej will manage a fully integrated technology ecosystem ranked among the most advanced library environments in the region, covering all daily operational processes. The ecosystem brings together a wide range of systems and technologies for managing knowledge assets and both physical and digital collections, seamlessly integrated with smart digital identification technologies for collection management, advanced robotic storage and retrieval systems, intelligent internal material transportation between library sections, alongside a state-of-the-art digitization lab equipped with specialized robotic scanners and a dedicated manuscripts restoration laboratory. This contract reflects the deep trust that leading cultural institutions place in Naseej for Technology as they pursue excellence and deliver an exceptional experience to library visitors and reaffirms the company's competitive standing in delivering knowledge infrastructure contracts across the Gulf and Middle East markets. |
| Contract Duration | 3 Years |
| Financial Impact and the Relevant Period | Positive financial impact starting FY 2026 until FY 2028 |
| Related Parties | None |
| Additional Information | None |
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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