EDARAT signs contract with MIS to provide cloud services at SAR 6.5 million

Edarat Communication and Information Technology Co. (EDARAT) announced on Sunday that it signed a contract at SAR 6.5 million with Almoammar Information Systems Co. (MIS) to provide cloud services for three years.

The Company said today on Tadawul that the awarded contract aims to provide cloud services for a governmental entity while meeting Data Sovereignty Regulations. Cloud Services cover the needed infrastructure to host one of the government entities’ main applications.

This contract is expected to have a positive impact on the financial statements of the company starting in 2023.