Riyadh – Sharikat Mubasher: Saudi AZM for Communication and Information Technology Co. announced winning a contract with the Small and Medium Enterprises General Authority (Monshaat), valued at over 15% of its 2023 revenues.

The contract aims to provide discounted service vouchers for Monsha’at, according to a Tadawul disclosure.

Saudi Azm also announced that no other parties are involved in this contract, as per the Saudi Exchang’s statement.

It is worth noting that the Tadawul-listed firm registered SAR 190.37 million in revenues by the end of the 2023 fiscal year compared to SAR 152.56 million, 24.8% higher than the same period of the previous year