
Riyadh – Sharikat Mubasher: Arabian Internet and Communications Services Company (Solutions by stc) signed a five-year framework agreement with Saudi Arabian Oil Company (Saudi Aramco) to supply, install, and maintain digital computing infrastructure and related accessories.
Solutions said in a statement to the Saudi Exchange that the contract’s value could exceed 5% of its 2024 audited revenue, though the final amount will depend on purchase orders issued by Aramco.
Under the agreement, Solutions will provide multiple types of servers and install equipment across Aramco’s data centers. The company expects the financial impact of the deal to begin appearing in its results from the fourth quarter of 2025.