| Element List |
Explanation |
| Introduction |
Sure Global Tech Co. announces the signing of a contract for a project to diversify and develop supply chains in goods to ensure abundance and quality with the Ministry of Commerce in cooperation with the Foreign Trade Authority. |
| Date of Announcement of the Award |
2024-04-24 Corresponding to 1445-10-15 |
| Contract Subject Matter |
Diversify and develop commodity supply chains to ensure abundance and quality |
| The Entity with Which the Contract was Signed |
Ministry of Commerce |
| Date of Signing the Contract |
2024-05-28 Corresponding to 1445-11-20 |
| Contract Value |
13,864,337.90 riyals (thirteen million eight hundred and sixty-four thousand, three hundred and thirty-seven riyals and ninety halalas only) including value added tax. |
| Contract Details |
Developing supply chains for vital materials, commodities, and basic and mineral products, in addition to developing technology systems, adopting artificial intelligence and machine learning techniques, and providing recommendations for concluding international trade agreements. |
| Contract Duration |
The contract period is (30) months. |
| Financial Impact and the Relevant Period |
It is expected that this contract will have a positive financial impact on the company’s financial statements during the years 2024, 2025, and 2026. |
| Related Parties |
nothing |
| Additional Information |
The necessary signatures were completed and a copy of the contract was received on Tuesday 20-11-1445 AH corresponding to 28-05-2024 AD. |
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