![]() Its outputs will support NEOM's goals in emerging technologies, cognitive computing, and artificial general intelligence. In connection with the research cooperation project and technical patents with NEOM, AlGhamdi said that the project aims to provide proposals, consultations and auditing services to the research institutions, as well as establishing applied research cooperation. The top official said that the results show significant and continuous improvements in the company's business, and predicted this growth and improvement to continue as the company is able to turn a strong share of business and contracts into revenues to improve efficiency. In the third quarter of 2022, the value of under-way projects hit SR2.4 billion, Abdullah AlGhamdi said, expecting new projects to be worth SR400-500 million in the fourth quarter. In an interview with Argaam, the information technology giant’s CEO said the third quarter’s revenues are largely derived from contracts with government agencies, which contribute 65 percent of revenue. declined 4 percent, despite posting a 69 percent leap in third-quarter profits to SR25 million ($6.6 million), boosted by revenue growth. The Tadawul All Share Index gained 0.67 percent to end at 11,598, while the parallel market, Nomu, declined 0.58 percent to finish at 19,500.Īl Moammar Information Systems Co. ![]() RIYADH: Saudi Arabia’s main index ended Monday in green, thanks to strong performance as earnings season nears an end. ![]()
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