Tuesday, 2 July 2024

Sure awarded a SAR 100 mln technical investment systems agreement for Investment Ministry

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Sure Global Tech Co. announced on Monday that it was awarded an open framework agreement to develop technical investment systems services and applications, including maintaining current systems and providing consulting expertise to build new systems with the Ministry of Investment.

The company stated on Tadawul that the estimated value allocated to the agreement is SAR 100 mln for a period of four years.

As for the project details, technical investment systems services will be developed in the Ministry of Investment, including updating current systems to the latest versions and applying the necessary technical systems, maintaining current systems and updating them to the latest versions, and ensuring business continuity in the technical systems necessary to activate the Ministry’s operational model, which falls into the Ministry’s institutional strategy emanating from the national investment strategy which directly and indirectly serves all initiatives and entities related to investment and the investor, through management, maintenance and operation services of applications related to investment and investor procedures.

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