MIS awarded SAR 94m project contract with SEC

Riyadh – Mubasher: Al Moammar Information Systems Company (MIS) was awarded a project contract valued at SAR 93.72 million, on 10 September, with Saudi Electricity Company (SEC).

The two entities are expected to sign the agreement on 30 September 2024, according to a bourse disclosure.

The deal covers enhancing the network and expanding the infrastructure.

In the first half (H1) of 2024, SEC registered 16.56% higher net profits at SAR 5.24 billion, compared to SAR 4.49 billion in H1-23.

 

Mubasher Contribution Time: 12-Sep-2024 11:09 (GMT)
Mubasher Last Update Time: 12-Sep-2024 11:09 (GMT)