Saudi: MIS awards $12.53mln project to electronic firm AEC

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Al Moammar Information Systems Company expected that the signing date of the contract will be on Wednesday, 12 October 2022

Staff Writer, Mubasher

October 10, 2022

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Riyadh - Al Moammar Information Systems Company (MIS) awarded an IT licenses project worth SAR 47.02 million to Advanced Electronics Company (AEC) on 5 October 2022.

The Tadawul-listed firm expected that the signing date of the contract will be on Wednesday, 12 October 2022, according to a recent bourse filing.

Last August, MIS penned a SAR 169.33 million agreement with the Saudi Data and Artificial Intelligence Authority (SDAIA) to equip, build, and configure infrastructure capabilities for a disaster recovery site.

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