Al-Moammar Information Systems Company (MIS) announces the latest developments of Al-Moammar Information Systems Company’s announcement of signing a contract with Saudi Fransi Capital (SFC) to develop, design and manage facilities for six data centres in the Kingdom of Saudi Arabia with an estimated budget for the first phase of 1.2 billion Saudi riyals .

Al-Moammar Information Systems Company (MIS) announces the latest developments of Al-Moammar Information Systems Company’s announcement of signing a contract with Saudi Fransi Capital (SFC) to develop, design and manage facilities for six data centres in the Kingdom of Saudi Arabia with an estimated budget for the first phase of 1.2 billion Saudi riyals .

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|Introduction|| Reference to the announcement of Al-Moammar Information Systems (MIS) on the Tadawul website on 29/05/1443 corresponding to 2/01/2022 AD, regarding the latest developments of the company’s signing of a contract with Saudi Fransi Capital (SFC) to develop, design and manage facilities for data canters with Saudi Fransi Capital (SFC) as the manager of the Shariah-compliant private investment fund, which will invest and own six data centres in the Kingdom of Saudi Arabia with a budget of 1.2 billion Saudi riyals as a first stage.

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Al-Moammar Information Systems Company (MIS) announces the latest developments, which is represented by the approval of the company’s board of directors to award contracts with several companies with a value of up to 800 million Saudi riyals, to implement civil, electromechanical, and technical works for the construction of six data canters with a capacity of 24 megawatts to be completed Completion of these works within the next 14 months. furthermore, MIS will be singing additional contracts for the remining works in the coming weeks.

The company will announce any material future developments in a timely manner, God willing.

|Previous Announcement||Al-Moammar Information Systems ( MIS ) Company announced the latest developments of Al-Moammar Information Systems Company’s announcement of