MIS BOD approves allocating 30 million riyals for investment in global technology companies

The Board of Directors of Al Moammar Information Systems Company decided to approve allocating 30 million riyals for the purpose of forming an investment portfolio through self-financing to invest in global companies in the field of technology in order to benefit from growth opportunities in this promising field during the fiscal year 2025.

It is worth noting that the Board had previously approved during the fiscal year 2024 to allocate 40 million to invest in global companies in the field of artificial intelligence. Thus, the total amount allocated by the Board so far is 70 million riyals for the purpose of forming an investment portfolio through self-financing to invest in global companies in the field of artificial intelligence in order to benefit from growth opportunities in this promising field.