Al Moammar Information Systems Company signs a technical contract with the Capital Market Authority
The Saudi-based Al Moammar Information Systems Company has announced the signing of a new and significant contract with the Capital Market Authority (CMA) in the Kingdom. The value of this contract is approximately 80.88 million Saudi Riyals, reflecting the ongoing collaboration between the private sector and government entities in the field of technology.
The contract aims to provide integrated managed services to the Capital Market Authority. These services include the operation and development of the Authority's technical systems, which will contribute to improving the efficiency of digital operations and developing the organization's technical infrastructure.
This step comes as part of the Kingdom of Saudi Arabia's continuous pursuit of comprehensive digital transformation. Al Moammar is considered one of the leading companies in providing advanced technical solutions, as its expertise contributes to supporting government institutions in achieving the goals of Saudi Vision 2030.
It is expected that this project will contribute to enhancing the security and stability of the technical services provided by the Capital Market Authority to investors and market participants. The contract also reflects the significant trust placed in national companies and their ability to execute major technical projects according to international standards.