PHOTO
Al Moammar Information Systems Company (MIS) has signed a deal with Saudi Electricity Company worth more than SAR 40 million ($10.6 million), according to a disclosure.
The contract, signed on Tuesday, is for the supply and installation of server infrastructure, the IT firm told the Saudi Stock Exchange (Tadawul).
This is the second contract secured by the company this month. Last week, MIS signed a seven-year deal for an IT upgrade and data centre consolidation with Saudi Arabia-based Petro Rabigh for SAR 42.7 million.
(Writing by Cleofe Maceda; editing by Seban Scaria)