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Anmat wins Mobily contract worth up to SAR 50M
Anmat wins Mobily contract worth up to SAR 50M

Argaam

time7 days ago

  • Business
  • Argaam

Anmat wins Mobily contract worth up to SAR 50M

Anmat Technology Trading Co. secured a purchase order contract from Etihad Etisalat Co. (Mobily) with a maximum value of SAR 50 million, it said in a statement to Tadawul. The contract, signed on July 22, runs through May 15, 2028, and covers the construction and rehabilitation of wireless tower systems across Mobily sites, based on operational needs. Anmat expects the deal to begin positively impacting its revenue and profits from H2 2025 and throughout the contract period.

Closing Bell: Saudi main index steady at 11,277; Nomu edges up
Closing Bell: Saudi main index steady at 11,277; Nomu edges up

Arab News

time10-07-2025

  • Business
  • Arab News

Closing Bell: Saudi main index steady at 11,277; Nomu edges up

RIYADH: Saudi Arabia's Tadawul All Share Index was steady on Thursday, as it marginally declined by 0.01 percent, or 0.82 points, to close at 11,276.91. The total trading turnover of the benchmark index was SR4.96 billion ($1.32 billion), with 128 of the listed stocks advancing and 120 declining. The Kingdom's parallel market Nomu gained 31.28 points to close at 27,479.50. The MSCI Tadawul Index marginally shed 0.02 points to 1,445.23. The best-performing stock on the main market was SHL Finance Co. The firm's share price increased by 9.95 percent to SR19.33. The share price of Fawaz Abdulaziz Alhokair Co., also known as Cenomi Retail, rose by 5.8 percent to SR31.38. Sustained Infrastructure Holding Co. also saw its stock price rise by 4.24 percent to SR35.44. Conversely, the share price of Umm Al Qura for Development and Construction Co. declined by 6.14 percent to SR25.06. On the announcements front, Anmat Technology for Trading Co. said that it received a contract valued at SR50 million from Etihad Etisalat, also known as Mobily, to supply and install power generator systems and a fuel monitoring system. In a press statement, Anmat said that the contract is effective from June 26 and will last until May 17, 2028. The company added that the impact of the deal will be reflected in the firm's financials from the second half of this year and will continue until the end of the contract duration. The share price of Anmat, which is listed in Nomu, increased by 10.19 percent to SR12.33. International Human Resources Co. said that it signed a framework agreement with the Arab National Bank to provide human resources services. According to a Tadawul statement, the contract is valid for 12 months and will be renewed for a similar period unless either party notifies the other at least 30 days prior to the expiry date. International Human Resources Co.'s share price rose by 2.83 percent to SR6.17.

Anmat announces 3 contracts worth SAR 61.7M
Anmat announces 3 contracts worth SAR 61.7M

Argaam

time12-06-2025

  • Business
  • Argaam

Anmat announces 3 contracts worth SAR 61.7M

Anmat Technology Trading Co. announced today, June 12, the signing of three separate contracts, totalling SAR 61.7 million. On May 29, Anmat signed a SAR 19.74 million contract (inclusive of VAT) with the National Center for Wildlife to establish licensing offices for wildlife trade at eight sites in various regions of the Kingdom, the company said in a statement to Tadawul. The contract duration ranges from six to seven months, with the financial impact expected to begin in the second half of 2025. In a separate statement, the company said it signed a SAR 24.76 million contract with the Ministry of Tourism on Jan. 12. The 36-month contract involves developing a platform for container systems. Anmat expects the financial impact to appear in the second half of the year. Moreover, the company received a purchase order from the Saudi Electricity Co. (SEC) worth SAR 17.24 million (including VAT). The 35-day contract covers the second phase of the SEC's meeting room unification project. Financial impact is expected to appear in the second half of 2025.

Anmat Technology to float shares on Nomu following Eid holiday
Anmat Technology to float shares on Nomu following Eid holiday

Zawya

time04-06-2025

  • Business
  • Zawya

Anmat Technology to float shares on Nomu following Eid holiday

Riyadh – Anmat Technology for Trading Company is set to begin listing its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Wednesday, 11 June 2025. The company will float 5 million shares, equivalent to 11.63% of its share capital, under the symbol 9639, according to a bourse disclosure. Tadawul highlighted that the stock will be trading at daily and static price fluctuation limits of +/- 30% and +/- 10%, respectively. The Capital Market Authority (CMA) greenlighted the company's Nomu listing last December. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (

Saudi's Anmat Tech sets IPO price, seeks $12.7mln
Saudi's Anmat Tech sets IPO price, seeks $12.7mln

Zawya

time20-05-2025

  • Business
  • Zawya

Saudi's Anmat Tech sets IPO price, seeks $12.7mln

Saudi Arabia's Anmat Technology has set the pricing of its initial public offering (IPO) on the Saudi Stock Exchange's Parallel Market (Nomu) at SAR 9.5 ($2.5) per share. At the set price, the multi-sector company aims to raise SAR 47.5 million. Anmat intends to float 5 million shares, representing 11.63% of the post-IPO capital. The share offering will run from May 22 to May 27, 2025, according to lead advisor Darb Altujjar Financial Company (Merchants Capital). Minimum subscription is pegged at 100 shares, with a maximum of 2 million shares per subscriber. The company has appointed Alinma Investment as the lead manager for the offering. Qualified investors can subscribe through Alinma's online platform, as well as the electronic platforms of other authorised receiving entities. Anmat operates in multiple sectors, offering IT solutions and telecommunications services to businesses, as well as architectural design and project management in the construction industry. (Writing by Cleofe Maceda; editing by Seban Scaria)

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