Logo of Al Moammar Information Systems Co.
Al Moammar Information Systems Co. (MIS) signed today, Nov. 3, a project contract to develop the SCADA monitoring system infrastructure of the main control room for the entire Kingdom and link it to the branches and facilities of the Saudi Irrigation Organization (SIO).
The company is valued at SAR 40.04 million, inclusive of 15% value-added tax (VAT), the company said in a statement to Tadawul.
The contract is valid for 12 months starting from the signing date. The project will be implemented according to the special conditions and technical specifications.
The project is expected to have a positive financial impact on the company’s results as of Q4 2022.