Alqemam for Computer Systems Co. announces contract sign off with World of System and Software Company (Related Party) to develop business intelligence and data management platforms, and to design robots, for one of its clients.
Date of Announcement of the Award
2023-11-13 Corresponding to 1445-04-29
Contract Subject Matter
Business intelligence and data management platforms development, and public service robots design, for one of its clients.
Date of Signing the Contract
2023-11-13 Corresponding to 1445-04-29
Contract Value
2,702,500 riyals (VAT Inclusive)
Contract Details
Business intelligence and data management platforms development, and public service robots design, for one of its clients.
Contract Duration
60 days
Financial Impact and the Relevant Period
The financial impact of this contract is expected to reflect in the company’s revenues for the first half of the fiscal year 2024.
Related Parties
The Chairman of the Board of Directors, Mr. Wasel bin Abdullah Alwasel, who owns 5% of the shares of World of System and Software Company.
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