MIS signs 2-year framework agreement with EXPRO

Résumé détaillé

Al Moammar Information Systems Co. (MIS) signed on Nov. 11 a two-year framework agreement with the Expenditure and Projects Efficiency Authority (EXPRO). In a statement to…

Al Moammar Information Systems Co. (MIS) signed, on Nov. 11, a two-year framework agreement with the Expenditure and Projects Efficiency Authority (EXPRO).

In a statement to Tadawul, MIS said the agreement covers artificial intelligence (AI) licenses and software, data management, operating systems and government correspondence systems.

The contract value will be determined based on subsequent purchase orders.

MIS expects the agreement to positively impact its results, starting from the first purchase order date.

The company added that all procedures were completed and final approval for the contract was obtained after the close of trading on Nov. 11. There are no related parties involved in this deal.

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