Riyadh – Mubasher: Sure Global Tech Company was awarded an open framework agreement with the Ministry of Investment to develop the services and applications of technical investment systems, according to a bourse disclosure.
The agreement, which has an estimated value of SAR 100 million and was awarded on 29 November 2023, holds a duration period of four years.
Sure Global will be responsible for updating the ministry’s current systems to the latest versions and providing consulting expertise to establish new systems.
The agreement also covers maintaining the current systems and ensuring business continuity in the technical systems that are essential to activate the ministry’s operational model.
In November 2023, Sure Global’s shareholders approved a 50% capital increase to SAR 76.94 million through bonus shares.
