Saudi Azm for Communication and Information Technology Co. Announces Contract Sign Off with Ministry of Human Resources and social Development

Saudi Azm for Communication and Information Technology Co. Announces Contract Sign Off with Ministry of Human Resources and social Development

|Element List||Explanation|

|Introduction||Saudi AZM for Communication and information Technology Co. Announces the signing of a project contract for the development and implementation of the billing system with the Ministry of Human Resources and social Development|

|Date of Announcement of the Award||2023-04-06 Corresponding to 1444-09-15|

|Contract Subject Matter||Providing a complete unified financial technology solution for the billing and billing management|

|Date of Signing the Contract||2023-05-11 Corresponding to 1444-10-21|

|Contract Value||(8,998,966.20) Saudi riyal|

|Contract Details||The project aims to provide a complete unified financial technical solution for billing and billing management and application of all operational processes and their collections|

|Contract Duration||24 months|

|Financial Impact and the Relevant Period||This contract is expected to have a positive financial impact on the company’s financial results for the year 2024-2025 AD|

|Related Parties||None|

|Additional Information||The necessary signatures have been completed and a copy of the contract has been received on Thursday 28-10-1444 AH corresponding 18-05-2023 AD|