SAUDI ARABIA —Al-Moammar Information Systems Company (MIS) has officially executed a contract valued at SAR 80.88 million with the Capital Market Authority (CMA) for the operation and development of the regulator's information technology services. Under the 36-month agreement signed on August 13, 2026, MIS will deliver comprehensive managed services encompassing business application operation, flexible development capacity, service desk administration, and Enterprise Operation Center management. The technical scope also includes full infrastructure oversight spanning operating systems, network security, virtualization platforms, database administration, and backup and recovery systems to guarantee operational continuity and peak performance across Saudi Arabia.
Riyadh-based Al-Moammar Information Systems Company is a leading Saudi public joint-stock IT enterprise specializing in infrastructure, cybersecurity, and managed service solutions for public and private sector clients. The Capital Market Authority serves as the principal government regulator overseeing and developing the capital markets within the Kingdom of Saudi Arabia.
This major contract sign-off reinforces MIS's market presence as a preferred technology partner for premier regulatory entities while providing strong revenue visibility through a multi-year service engagement. For the Capital Market Authority, externalizing infrastructure operations to a specialized provider ensures high service availability, robust cybersecurity compliance, and the digital capability required to support expanding financial markets. The agreement is projected to generate a positive financial impact on MIS starting from the fourth quarter of 2026.
The partnership highlights broader public sector trends across the Kingdom, where government institutions continue to accelerate digital transformation initiatives under Vision 2030. By investing in resilient IT infrastructure and scalable managed services, regulatory bodies ensure operational efficiency and systemic stability. The deployment of comprehensive managed services contracts continues to drive commercial growth within the local enterprise technology sector while supporting the broader modernization of Saudi Arabia's financial ecosystem.
