#SaudiArabia #datacentres – Public Investment Fund-owned AI company HUMAIN has signed a data centre design and build contract valued at an estimated 1.88 billion Saudi riyals* ($501 million) to Riyadh-based Al Moammar Information Systems Co. (MIS). In a statement made via Saudi Exchange, MIS said the12-month contract exceeds 155 percent of MIS’s total 2024 revenues of SR1.21 billion, is expected to deliver a positive financial impact from Q2 2026. First announced in December, the new contract forms part of HUMAIN’s rapidly expanding…
