Saudi Azm inks SAR 17M contract with ETEC

28/03/2024 Argaam

Saudi Azm inks SAR 17M contract with ETEC

Logo of Saudi Azm for Communication and Information Technology Co.

Saudi Azm for Communication and Information Technology Co. signed on March 17 a contract worth SAR 19.96 million with the Education and Training Evaluation Commission (ETEC) to operate and maintain its systems. 

 

The two-year contract aims to provide technical and consulting services to support ETEC, according to a statement to Tadawul. 

 

The necessary signatures were completed, and a copy of the contract was received on March 27. 

 

Saudi Azm expects this contract to have a positive financial impact on its financials in 2024 and 2025, noting that there are no related parties. 

 

In December 2023, Saudi Azm won a project to provide operation and maintenance works for ETEC’s systems, Argaam earlier reported. 

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