Latest news with #AlMoammarInformationSystemsCo
Argaam
06-05-2025
- Business
- Argaam
MIS signs SAR 70.1 million contract with Health Ministry
Al Moammar Information Systems Co. (MIS) signed a contract with the Ministry of Health (MOH) - General Office for a project in the southwestern region at a total value of SAR 70.06 million, including VAT. The contract has a duration of 60 months, the company said in a statement to Tadawul. MIS will provide managed services, as well as operate, maintain, and repair digital infrastructure for 38 hospitals in the southwestern region. The project covers 2,700 beds over five years in accordance with the highest standards. The project scope includes maintaining and operating technical and technological requirements. The project is expected to positively impact the company's financials starting Q2 2025 through Q2 2030. According to data available with Argaam, MIS was awarded the project in January by the Ministry of Health – General Office.
Argaam
26-03-2025
- Automotive
- Argaam
MIS signs SAR 50M IT deal with CEER
Al Moammar Information Systems Co. (MIS) signed a framework agreement today, March 26, with CEER National Automotive Co. to supply IT solutions and systems with a total value not exceeding SAR 50 million. In a statement to Tadawul, the company said the framework agreement spans three years and is based on unit prices for supplying IT solutions and systems to CEER. MIS stated that the financial impact of the agreement will appear in the company's results in the second quarter of 2025. There are no related parties to the deal, the statement added.
Tahawul Tech
17-02-2025
- Business
- Tahawul Tech
SAS showcased advanced AI-powered solutions with Microsoft and MIS at LEAP 2025
SAS, a leader in data and AI, showcased its advanced AI-powered solutions at LEAP 2025, reinforcing its commitment to Saudi Arabia's digital transformation journey. As the Kingdom accelerates its adoption of AI and data-driven technologies, SAS is expanding its presence and partnerships to support key industries. Saudi Arabia has emerged a regional leader in transformation – driven by government initiatives such as Saudi Vision 2030 and the rapidly advancing technological landscape. The Kingdom has taken a proactive approach to AI adoption, regulatory compliance, and cybersecurity, cementing its place as a regional hub for innovation and trust. 'With AI adoption accelerating across Saudi Arabia, SAS is committed to empowering organisations with the right tools and expertise to unlock new opportunities. The company is actively investing in local talent, strengthening its team, and collaborating with key stakeholders to drive innovation in data analytics and AI applications. We were excited to participate in LEAP25, showcasing cutting-edge technology and real-world applications of AI-driven solutions in the public sector, financial institutions, and the oil & gas sector' says Mohammed Kiki, General Manager of SAS in Saudi Arabia. Across the world, governments are leveraging SAS' AI-driven solutions to improve infrastructure, mitigate fraud, and enhance security. For instance, a European infrastructure agency is currently monitoring 15,000 sensors on bridges, tunnels, and waterways in real time using SAS Analytics for IoT, ensuring safety and operational efficiency. Defence and intelligence agencies also rely on SAS solutions for strategic, operational, and tactical decision-making. One government agency, for example, uses SAS for Insider Threat detection, preventing sensitive information leaks that could harm national security. Showcasing AI and Analytics for a Smarter Future At LEAP 2025, SAS collaborated with key partners, including Microsoft and Al Moammar Information Systems Co. (MIS), presenting AI-powered solutions tailored to the needs of various industries. Visitors to the SAS booth will experience: AI Smart City Solutions – Demonstrating how AI and advanced analytics can optimise urban development, enhance public services, and improve overall city efficiency. – Demonstrating how AI and advanced analytics can optimise urban development, enhance public services, and improve overall city efficiency. AI-Powered Forecasting & Simulation – A VR-powered showcased of AI-driven predictive analytics for industries such as government, banking, telecom, airlines, and oil & gas was presented. – A VR-powered showcased of AI-driven predictive analytics for industries such as government, banking, telecom, airlines, and oil & gas was presented. Cross-Industry AI Solutions – Practical applications of AI and machine learning for financial crime detection, risk management, and intelligent decision-making. SAS highlighted its AI-powered IoT Monitoring on Microsoft Azure, which was presented by Mohamed Alammary, AI Solutions Lead, Customer Advisory EMEAP at SAS. This session took place on Wednesday, February 12th, from 1:40 PM to 2:00 PM, at the Microsoft Mini Theatre. Image Credit: SAS
Argaam
12-02-2025
- Business
- Argaam
MIS starts JV with BSF Capital to provide AI cloud services
Al Moammar Information Systems Co. (MIS) began a strategic joint venture (JV) with Saudi Fransi Capital to launch a Saudi service provider for artificial intelligence computing infrastructure. In a statement to Tadawul, the company pointed out that the new venture aims to offer GPU-based computing solutions to support next-generation AI applications, machine learning, and high-performance computing (HPC) in the Kingdom. It will also provide on-demand cloud computing services via GPUs to meet the needs of institutions, research entities, and government bodies. Saudi Fransi Capital will be responsible for structuring the financing and developing the growth strategy, while MIS will oversee the implementation of AI cloud infrastructure and deliver technical services, the statement added. The company further noted that it will announce any significant developments in due course. Last July, MIS signed a MoU with Saudi Fransi Capital to study the feasibility of providing AI cloud services in Saudi Arabia, particularly high-performance computing infrastructure that leverages the latest GPUs, according to Argaam data.
