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Home / Business & Corporate / DRC secures research and consulting services project from CST worth over 5% of FY2025 revenue

DRC secures research and consulting services project from CST worth over 5% of FY2025 revenue

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DRC secures research and consulting services project from CST worth over 5% of FY2025 revenue
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Digital Research Company (DRC) has received a project award notification from Saudi Arabia’s Communications, Space & Technology Commission (CST) for research and consulting services. The total project value exceeds 5% of the company’s FY2025 audited revenue. The award notification was received on 10 November 2026.

SAUDI ARABIA —Digital Research Company (DRC) has received a project award notification from the Communications, Space & Technology Commission (CST) for the provision of research and consulting services in Saudi Arabia. The notification was received on 10 November 2026, corresponding to 30 Jumada Al-Awwal 1448 in the Hijri calendar. The total project value exceeds 5% of the company’s total revenue as per its audited financial statements for FY2025. However, the exact contract value has not been disclosed.

The project covers research and consulting services to be provided to CST. The announcement does not specify the detailed scope of services, individual deliverables or implementation milestones. The contract execution and completion period have also not been disclosed. DRC confirmed that the transaction does not involve any related parties.

The award highlights the role of specialised research and consulting services in supporting Saudi Arabia’s communications, space and technology sectors. As these industries continue to evolve through digital transformation, technological innovation and regulatory development, research and advisory capabilities are increasingly relevant to public-sector planning, market assessment and strategic decision-making.

For DRC, the project represents an additional engagement with a government-sector client and strengthens its business relationship within Saudi Arabia’s technology and communications ecosystem. The disclosed project value threshold indicates a potentially significant engagement relative to the company’s FY2025 revenue, although the actual financial contribution will depend on contract execution and revenue recognition. For CST, the engagement provides external research and consulting capabilities to support its institutional and sectoral objectives.

Digital Research Company is a Saudi-based company operating in the research and consulting services sector. The Communications, Space & Technology Commission is Saudi Arabia’s government regulator responsible for overseeing and developing the communications, space and technology sectors, supporting their growth and competitiveness.

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