Edarat Communication and Information Technology Co. (9557)

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News

16 July 03:09 PM Edarat distributes proceeds from fractional share sale

Riyadh – Mubasher: Edarat Communication and Information Technology Company has finalized fractional share sale process and the subsequent distribution of proceeds to eligible shareholders. The sale follows a capital increase approved by the …

Trading Activities

13 July 02:37 PM Edarat’s shareholders approve related-party transactions

Riyadh – Mubasher: Edarat Communication and Information Technology Company’s shareholders approved multiple related party transactions during an ordinary general meeting held on 12 July 2026. The meeting, which achieved a 59% attendance rate, …

Companies Investments

25 June 10:32 AM Edaa finalizes securities quantity increase for Edarat Group

Riyadh – Mubasher: The Securities Depository Center Company, widely known as Edaa, recently announced the implementation of a securities quantity increase for Edarat Communication and Information Technology Company (Edarat Group). The corporate …

Trading Activities

22 June 07:39 PM Edarat Group reveals details regarding nomination period for new board

Riyadh – Mubasher: Edarat Communication and Information Technology Company (Edarat Group) has officially announced the commencement of the nomination period for its Board of Directors for the upcoming three-year term. The new session is scheduled …

Management Decisions

22 June 06:30 PM Edarat Group rejects contracts with MIS, other entities

Riyadh – Mubasher: The shareholders of Edarat Communication and Information Technology Company (Edarat Group) rejected several proposed related-party contracts involving Al Moammar Information Systems (MIS) and other entities, granting the company …

General Assembly

15 June 10:12 PM Tadawul reveals fluctuation limits for Edarat Group

Riyadh – Mubasher: The Saudi Exchange (Tadawul) has adjusted the daily trading parameters for Edarat Communication and Information Technology Company (Edarat Group) following the successful approval of a capital increase, according to a bourse …

Company News

15 June 05:07 PM Edarat Group’s shareholders approve capital hike to SAR 75.6m

Riyadh – Mubasher: The extraordinary general meeting (EGM) of Edarat Communication and Information Technology Company approved a 50% capital hike to SAR 75.60 million from SAR 50.40 million. Edarat will allocate SAR 25.20 million from the retained …

General Assembly

26 May 07:39 PM Edarat Group to consider 50% capital raise through free shares, dividends payout

Riyadh – Mubasher: Edarat Communication and Information Technology Company will hold a shareholders meeting on 14 June 2026 to vote on a board’s recommendation to increase the capital by 50% through the issuance of bonus shares. During the …

Company News

28 April 10:59 AM Edarat Group enters MIS data center subsidiary with 40% stake

Riyadh - Mubasher: Edarat Communications and Information Technology Company (Edarat Group) has become a partner in National Excellence Data Centers Company, a subsidiary of Al Moammar Information Systems Company (MIS), with a 40% shareholding. …

Companies Investments

9 February 03:04 PM Edarat Group witnesses 47% higher net profits in 2025

Riyadh - Mubasher: Edarat Communication and Information Technology Company (Edarat Group) reported SAR 36.34 million in net profit attributable to shareholders during 2025. The net income last year was higher by 47.35% than SAR 24.66 million in …

Financial Results

4 February 2025 05:17 PM Edarat Group logs SAR 104.5m revenue in 2024; net profit surges 40% YoY

Riyadh – Mubasher: Edarat Communication and Information Technology Company (Edarat Group) reported a net profit of SAR 24.66 million in 2024, which marked a 41.98% year-on-year (YoY) surge from SAR 17.37 million. Edarat Group’s revenue increased …

Financial Results

23 July 2024 04:45 PM Edarat Communication inks 2 agreements for cloud, data centre services

Riyadh – Mubasher: Edarat Communication and Information Technology Company has signed two contracts with BPS ARABIA for Information Technology and Digital Centers for Data and Communication for cloud, data centre design, supervision, consulting …

Companies Investments

23 June 2024 11:24 AM MIS’ unit Edarat Communication announces SAR 126m project award

Riyadh – Mubasher: Edarat Communication and Information Technology Company received a project award valued at SAR 125.77 million from Al Moammar Information Systems Company (MIS). The project contract, which was awarded on 13 June, covers the …

Companies Investments

17 April 2024 05:11 PM Edarat Communication’s EGM approves 100% new capital hike

Riyadh – Mubasher: The shareholders of Edarat Communication and Information Technology Company gave a nod, during their extraordinary general meeting (EGM) on 16 April 2024, for doubling the capital through bonus shares.   This decision builds on …

Management Decisions

1 January 2024 04:59 PM Edarat Communication inks over SAR 11m contract with Saudi gov’t

Riyadh – Mubasher: Edarat Communication and Information Technology Company signed a contract worth SAR 11.47 million with the Ministry of Human Resources and Social Development for 2.5 years starting from 3 December 2023. The contract covers the …

Companies Investments

6 April 2023 03:21 PM Edarat Communication obtains regulatory nod to double capital

Riyadh – Mubasher: Edarat Communication and Information Technology Company received the approval of the Capital Market Authority (CMA), on 5 April, to increase its capital by 100% through bonus shares. The listed firm plans to increase the capital …

Corporate Actions

9 January 2023 03:02 PM Saudi parallel market Nomu sees IPO momentum in 2023

By: Bedour El-Raie  Mubasher: The Parallel Market (Nomu) of the Saudi Exchange (Tadawul) witnessed an unprecedented leap in new initial public offerings (IPOs) in 2022, welcoming 32 new companies to the market. The number of Nomu-listed companies …

Trading Activities

26 December 2022 04:24 PM Edarat Communication mulls 100% capital raise via bonus shares

Riyadh – Mubasher: The board of Edarat Communication and Information Technology Company recommended a 100% capital increase to SAR 12.60 million from SAR 6.30 million, according to a bourse filing. In order to carry out the capital hike …

Companies Investments