Alqemam inks SAR 7.3M contract to provide technical services

Alqemam for Computer Systems Co. signed, on April 22, a contract with Afaq Saher Contracting Est. to implement information technology services with technical support and operations for licenses, digital platforms, network, and information technology infrastructure for one of its clients. The contract has a value of SAR 7.3 million (VAT inclusive), according to a statement by the company to Tadawul.

The contract has a term of 1,095 days and is expected to have an impact on the company’s financials starting from H1 2024, the statement added, noting that no related parties are included in the deal.