Announcement by Anmat Technology for Trading Company on the signing of a contract to develop the infrastructure of video communication systems with Saudi Energy Company valued at SAR 31.9 million.
| Element List | Explanation |
|---|---|
| Introduction | Anmat Technology for Trading Company announces the signing of a contract with Saudi Energy Company, based on a binding purchase order that constitutes a final contract, for the execution of a strategic project to develop and modernize the infrastructure of video communication systems and remote meeting solutions. This comes as part of the Company’s efforts to strengthen its leadership in digital transformation projects and advanced telecommunications and information technology solutions. |
| Date of Announcement of the Award | 2026-05-10 Corresponding to 1447-11-23 |
| Contract Subject Matter | Execution of an integrated strategic project for the supply, installation, and commissioning of modern video communication (Video Conferencing) systems and technologies, aimed at enhancing workplace efficiency and elevating the quality of technical infrastructure. |
| The Entity with Which the Contract was Signed | Saudi Energy Company |
| Date of Signing the Contract | 2026-05-10 Corresponding to 1447-11-23 |
| Contract Value | 31,895,192 |
| Contract Details | Supply, installation, and commissioning of an integrated suite of advanced technological systems for video conferencing, including: Professional audio-visual (AV) systems Video conferencing equipment and control systems High-resolution professional display screens High-quality networking and infrastructure equipment Specialized and secure computing and control devices The project leverages a range of solutions from leading global technology providers, ensuring the highest standards of quality and security. |
| Contract Duration | 6 Months |
| Financial Impact and the Relevant Period | The financial impact of this contract is expected to be reflected positively in the Company’s results during the third and fourth quarters of fiscal year 2026, in line with the stages of supply and execution, supporting the growth of the IT solutions segment’s revenues. |
| Related Parties | Not applicable |
| Additional Information | Null |
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