9561
EMIRATESNBD
7204.B
Riyadh – Mubasher: Knowledge Net announced the signing of a contract with Emirates NBD to provide licenses for its proprietary TradeNet product, according to a bourse filing.
Under the terms of the agreement, Knowledge Net will also manage the installation of the system for the bank’s capital markets unit within the Kingdom of Saudi Arabia.
The contract was officially signed and the purchase order received on 30 June 2026, while the agreement carries a duration of one year.
Furthermore, the total value of the deal exceeds 16% of Knowledge Net’s total revenues for the 2025 fiscal year.
The Saudi listed company expects the deal to have a positive financial impact on its results for the 2026 fiscal year.
Knowledge Net confirmed that there are no related parties involved in the transaction.
The completion of all necessary signatures and the receipt of the signed purchase order were finalized on the date of signing.