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Edarat Communication and Information Technology Co. (EDARAT) announces contract signature with Ejada Systems Co.Ltd.

EDARAT 9557 -4.64% 370.00 -18.00
Element List Explanation
Introduction Edarat Communication and Information Technology Co. (EDARAT) announces contract Signature with Ejada Systems Co.Ltd. , to provide Cloud Services for one of the governmental companies in the Kingdom of Saudi Arabia.
Date of Announcement of the Award 2024-05-15 Corresponding to 1445-11-07
Contract Subject Matter Providing cloud services.
The Entity with Which the Contract was Signed Ejada Systems Co.Ltd
Date of Signing the Contract 2024-05-15 Corresponding to 1445-11-07
Contract Value 3,536,586 SAR(VAT included).
Contract Details The awarded contract aims to provide cloud services for Ejada to implement a Geographical Infomation System (GIS) for a government entity in the Kingdom of Saudi Arabia. Edarat for Communication and Information Technology Company will provide Infrastructure as a Service (IaaS) and Backup as a Service (BaaS) through its Sovereign Private Cloud for Business platform.
Contract Duration 1 year.
Financial Impact and the Relevant Period .This contract is expected to have a positive impact on the financial statements of the company during Q2 of 2024.
Related Parties N/A

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