Arabian Internet and Communications Services Company (solutions) announces the signing of a framework agreement with Saudi Aramco.
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| Element List | Explanation |
|---|---|
| Introduction | Arabian Internet and Communications Services Company (solutions) announces the signing of a framework agreement with Saudi Aramco for Computing Devices. |
| Date of Announcement of the Award | 2024-03-10 Corresponding to 1445-08-29 |
| Contract Subject Matter | Providing, distributing, and maintaining the computing devices and its accessories for Saudi Aramco. |
| The Entity with Which the Contract was Signed | Saudi Aramco |
| Date of Signing the Contract | 2024-03-10 Corresponding to 1445-08-29 |
| Contract Value | Agreement value may exceed 5% of solutions’ revenues as per the latest audited annual financial statements for the year 2023. |
| Contract Details | The agreement includes the below:
• Providing Saudi Aramco with computing devices and its accessories. • Distributing the devices and accessories through 3 warehouses covering all Saudi Aramco sites in the Kingdom of Saudi Arabia. • Providing qualified employees to maintain Saudi Aramco’s devices. |
| Contract Duration | 5 years |
| Financial Impact and the Relevant Period | The financial impact on the company's financial statements will appear starting from the Third quarter of the year 2024. |
| Related Parties | N/A |
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