| Element List | Explanation |
|---|---|
| Introduction | Arabian Internet and Communications Services Company (solutions) announces the signing of a contract with National Water Company (NWC) to provide IT Managed Services. |
| Date of Announcement of the Award | 2026-02-19 Corresponding to 1447-09-02 |
| Contract Subject Matter | IT Managed Services Project |
| The Entity with Which the Contract was Signed | National Water Company (NWC) |
| Date of Signing the Contract | 2026-02-19 Corresponding to 1447-09-02 |
| Contract Value | SAR 519,658,550 (including Value Added Tax) |
| Contract Details | The agreement includes: Delivering reliable and secure end-to-end ICT Managed Services across all NWC applications landscape, environments, and user segments. solutions will be responsible for the end-to-end management, operation, monitoring, and continuous improvement of NWC’s ICT environment, ensuring business continuity, user satisfaction, and alignment with organizational goals. solutions will also ensure that all ICT services (infrastructure, applications, end-user support, etc.) are delivered with high performance, availability, security, and compliance, in accordance with agreed-upon service levels and aligned with ICT operations governance excellence directions, best practices, processes, and regulations, while continuously identifying opportunities for innovation and optimization. |
| Contract Duration | 5 years |
| Financial Impact and the Relevant Period | The financial impact on the company's financial statements is expected to start from the 2nd quarter of the year 2026. |
| Related Parties | N/A |
| Additional Information | solutions enables digital transformation across the Kingdom and the region by delivering integrated technology solutions, strategic technology consulting, and investments in emerging technologies, reinforcing its role as a national partner in building the digital economy. |
