19 Safar 1448 - 4 August 2026
    
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Eye of Riyadh
Business & Money | Tuesday 4 August, 2026 8:00 am |
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MIS wins SAR 80.9M project with CMA

Al Moammar Information Systems Co. (MIS) won a project by the Capital Market Authority (CMA) worth SAR 80.88 million, including VAT.

 

The project aims to deliver comprehensive managed services for the operation and enhancement of IT services. The scope of the work covers the operation and support of business applications, the provision of flexible development capacity for continuous application enhancement, while delivering project governance and service delivery management, IT service desk operations, and Enterprise Operation Center (EOC) services, the company said in a statement to Tadawul.

 

MIS will also oversee the management and operation of the CMA’s IT infrastructure, including operating systems and virtualization platforms, network and network security, backup, storage and recovery services, database administration, and systems administration, ensuring business continuity, operational efficiency, and the achievement of the required service availability and performance levels, it added.

 

The project award was announced today, Aug. 3, said the company, adding that the contract is expected to be signed on Sept. 3. There are no related parties involved in the project.

 

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