| Element List | Explanation |
|---|---|
| Introduction | With reference to Al Moammar Information Systems (MIS) announcement dated 14-01-1447H corresponding to 09-07-2025, regarding the signing of a framework agreement with the Saudi Data Centers Fund 1 to expand the existing data centers with a capacity of up to 112 megawatts, |
Al Moammar Information Systems (MIS) announces the latest development, whereby it has received the first Development Commencement Notice for an expansion with a capacity of seventy-two (72) megawatts out of the total 112 megawatts, with an estimated total value of approximately SAR 3 billion.
This development comes as part of the strategic expansion of data center projects and the enhancement of the digital infrastructure in the Kingdom.
The Company expects the financial impact of the 24-megawatt capacity to commence from the first quarter of 2026 and continue through the first quarter of 2027. The financial impact of the remaining 48 megawatts will be announced during the next six months.
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