Riyadh - Mubasher: Saudi Azm for Communication and Information Technology Company was awarded an operation project worth SAR 14.27 million on 19 September 2022.

The listed firm will provide services for the third phase of a programme supporting the growth of small and medium-sized enterprises (SMEs), according to a bourse disclosure.

Last week, the company inked a SAR 16.51 million contract with the Saudi Ministry of Finance to develop the ministry’s digital portals and smart applications. Saudi Azm expected that the 24-month agreement would have a positive impact on its income statements for the years 2023 and 2024.