Edarat secures SAR 198m data center deal from MIS

Riyadh — Mubasher: Edarat Communication and Information Technology Company has received a contract award letter from Al Moammar Information Systems (MIS) valued at SAR 197.80 million, including value-added tax.

The award, received on 8 September 2026, tasks the company with providing comprehensive technical services for a specialized AI data center project.

Under the terms of the agreement, Edarat will be responsible for the design, construction supervision, testing, and commissioning of the facility. The project is designed with a total planned capacity of 200 megawatts (MW).

The company identified MIS as a related party in the transaction. This contract underscores the expanding infrastructure requirements for high-capacity computing and artificial intelligence within the Saudi technology sector.

No further financial details regarding the impact on the company's statements were disclosed in the announcement.

Mubasher Contribution Time: 29-Sep-2026 08:31 (GMT)
Mubasher Last Update Time: 29-Sep-2026 08:31 (GMT)