Arabian Internet and Communications Services Company (solutions) announces the signing of a framework agreement with Saudi Arabian Oil Company (Saudi Aramco).
| Element List | Explanation |
|---|---|
| Introduction | Arabian Internet and Communications Services Company (solutions) announces the signing of a framework agreement with Saudi Arabian Oil Company (Saudi Aramco) for Digital Computing Infrastructure project. |
| Date of Announcement of the Award | 2025-09-16 Corresponding to 1447-03-24 |
| Contract Subject Matter | Supplying, installing, and maintaining the Digital Computing Devices and their related accessories for Saudi Aramco. |
| The Entity with Which the Contract was Signed | Saudi Arabian Oil Company (Saudi Aramco) |
| Date of Signing the Contract | 2025-09-16 Corresponding to 1447-03-24 |
| Contract Value | Agreement value may exceed 5% of solutions’ revenue as per the latest audited annual financial statements for the year 2024. The revenue is not fixed and depends on purchase orders generated by Saudi Arabian Oil Company (Saudi Aramco). |
| Contract Details | The agreement includes the below:
• Providing Saudi Aramco with several different types of Digital Computing Infrastructure servers. • Installing the equipment and accessories in Saudi Aramco’s data centers. |
| Contract Duration | 5 years |
| Financial Impact and the Relevant Period | The financial impact on the company's financial statements is expected to start from the 4th quarter of the year 2025. |
| Related Parties | N/A |
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