MIS awarded SAR 58.2 mln contract by NEOM

18/10/2022 Argaam

MIS awarded SAR 58.2 mln contract by NEOM

Logo of Al Moammar Information Systems Co. (MIS) 

Al Moammar Information Systems Co. (MIS) was assigned on Oct. 17 a contract by NEOM worth SAR 58.19 million, including 15% VAT, MIS said today in a statement to Tadawul.

 

MIS expects to sign the contract by Oct. 31.

 

The contract included providing proposal, advice, and audit services. In addition, it focused on creating collaborations with research institutions.

 

The outputs will align with NEOM's stated objectives in emerging technology, cognitive computing (CC), artificial general intelligence (AGI), and so on.

 

There are no related parties, the statement noted.

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