Saudi's MIS signs $45.14mln deal with SDAIA

Under the 24-month contract, MIS will equip, build, and configure infrastructure capabilities for a disaster recovery environment

Staff Writer, Mubasher

August 3, 2022

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Riyadh - Al Moammar Information Systems Company (MIS) has signed a deal with the Saudi Data and Artificial Intelligence Authority (SDAIA) worth SAR 169.33 million.

Under the 24-month contract, MIS will equip, build, and configure infrastructure capabilities for a disaster recovery environment, according to a stock exchange statement on Wednesday.

The contract’s financial impact will reflect positively on MIS starting from the third quarter (Q3) of 2022 until Q3-24.

In June 2022, MIS was awarded a project with SDAIA on a disaster recovery site configuration and operation project (Rakeeza).

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