Saudi Azm pens SAR 14.5m deal with NCGR

AZM
7211 -2.26% 30.30 -0.70

Riyadh — Mubasher: Saudi Azm for Communication and Information Technology Company has been awarded a contract by the National Center for Government Resource Systems (NCGR) to provide beneficiary support services.

The project is valued at SAR 14.45 million and was officially awarded on 7 October 2026.

The scope of work includes conducting gap analysis and providing solutions for beneficiaries, developing instructional content and awareness support, and delivering technical assistance for system usage.

The contract spans a duration of 36 months, with the project commencing on 27 August 2026.

Saudi Azm confirmed that it received the formal award notification at the end of the day on 21 October. The company stated that there are no related parties involved in the transaction.

This agreement aligns with the company's objective to support government resource systems through specialized technical and advisory services.

At the end of June 2026, the company generated net profits of SAR 50.99 million, an annual leap of 36.17% from SAR 37.45 million.

Source: Mubasher Source: {{details.article.source}}