Saudi Azm for Communication and Information Technology Co. (7211)

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News

2 September 01:40 PM Saudi Azm clarifies partnership date with Elm

Riyadh – Mubasher: Saudi Azm for Communication and Information Technology Company issued a supplementary disclosure today to clarify the signing date of its partnership agreement with Elm Company. The company confirmed that the agreement was …

Company News

2 September 11:46 AM Saudi Azm to hold earnings call for 2026

Riyadh – Mubasher: Saudi Azm for Communication and Information Technology Company announced on Wednesday that it will conduct a conference call for investors and financial analysts to review its financial performance for the fiscal year ended that …

Financial Results

1 September 12:44 PM Saudi Azm, Elm team up to boost digital transformation

Riyadh – Mubasher: Saudi Azm for Communication and Information Technology Company has inked a strategic partnership agreement with Elm Company aimed at developing and implementing qualitative projects through innovative business models. Under the …

Companies Investments

10 August 03:31 PM Saudi Azm’s Wasel Platform receives SAMA digital brokerage license

Riyadh – Mubasher: Wasel Platform for Communications and Information Technology, a subsidiary of Saudi Azm for Communication and Information Technology Company, has obtained a formal license from the Saudi Central Bank (SAMA). The license, …

Company News

5 August 11:23 AM Saudi Azm launches board nomination for additional seat

Riyadh – Mubasher: Saudi Azm for Communication and Information Technology Company has opened the nomination period for one additional board member for the current term. The term, which commenced on 22 June 2026, is scheduled to conclude on 21 June …

Corporate Actions

5 August 07:56 AM Saudi Azm recommends board expansion to 6 members

Riyadh – Mubasher: Saudi Azm for Communication and Information Technology Company’s board of directors issued a recommendation on 30 July 2026 to amend Article 15/A of the company’s Bylaws concerning the composition of the board. The proposal …

Corporate Actions

3 August 01:17 PM Saudi Azm’s board recommends share buyback transaction

Riyadh – Mubasher: The board of Saudi Azm for Communication and Information Technology Company recommended on 30 July 2026 the buyback of up to 3.60 million ordinary shares. The company intends to hold these as treasury shares specifically for …

Companies Investments

3 August 10:49 AM Saudi Azm signs MoU to fully acquire AZM FinTech

Riyadh – Mubasher: Saudi Azm for Communication and Information Technology Company signed a non-binding memorandum of understanding (MoU) on 1 August 2026 to study the potential acquisition of 100% of the shares in Azm Fintech. The agreement …

Company News

3 August 08:34 AM Saudi Azm records 36% higher profits in FY25/26

Riyadh – Mubasher: Saudi Azm for Communication and Information Technology Company generated net profits of SAR 50.99 million for the fiscal year (FY) that ended on 30 June 2026, an annual leap of 36.17% from SAR 37.45 million. The earnings per …

Financial Results

20 July 12:38 PM Saudi Azm awarded project contract with Ministry of Human Resources

Riyadh – Mubasher: Saudi Azm for Communication and Information Technology Company was awarded a contract by the Ministry of Human Resources and Social Development to develop the ministry’s social support and subsidies programs platform. The …

Companies Investments

2 July 05:15 PM Saudi Azm restructures board committee

Riyadh – Mubasher: Saudi Azm for Communication and Information Technology Company has announced significant updates regarding the formation of its Audit Committee and the Nomination and Remuneration Committee. Following a Board of Directors …

Board of Directors

30 June 05:52 PM Saudi Azm announces new board leadership for 2nd term

Riyadh – Mubasher: Saudi Azm for Communication and Information Technology Company has officially confirmed the appointment of its leadership team and the reconstitution of its primary board committees for its second organizational term. Following …

Corporate Actions

30 June 02:15 PM Saudi Azm forms audit committee for new board term

Riyadh – Mubasher: Saudi Azm for Communication and Information Technology Company has officially announced the formation of its Audit Committee for the new Board of Directors term. The decision, following a Board meeting held on 29 June 2026, …

Management Decisions

14 June 07:16 PM Saudi Azm elects new board, approves bylaw changes

Riyadh – Mubasher: Saudi Azm for Communication and Information Technology Company has announced the election of a new Board of Directors for a four-year term and the ratification of amendments to the company’s internal bylaws and competition …

Management Decisions

24 May 06:41 PM Saudi AZM secures funding from SAIB

Riyadh – Mubasher: Saudi AZM for Communication and Information Technology Company has obtained a Sharia-compliant credit facility from the Saudi Investment Bank (SAIB) at a total value of SAR 75 million, according to a bourse filing. The agreement …

Companies Investments

28 April 03:50 PM Saudi AZM logs nearly 37% higher net profits in 9M-25/26

Riyadh - Mubasher: Saudi AZM for Communications and Information Technology Company recorded SAR 34.74 million in net profits attributable to the shareholders during the first nine months (9M) of fiscal year (FY) 2025/2026. The 9M-25/26 net income …

Financial Results

21 April 2024 02:27 PM Saudi Azm to transfer shares to main market

Riyadh – Mubasher: The board of Saudi AZM for Communications and Information Technology Company approved transferring its shares from the Parallel Market (Nomu) to the main market All Share Index (TASI). The board members granted their approvals …

Corporate Actions

6 December 2023 03:01 PM Saudi Azm inks SAR 10m contract with Monsha’at for Mazaya project

Riyadh – Mubasher: Saudi AZM for Communications and Information Technology Company signed a SAR 9.82 million contract with the General Authority for Small and Medium Enterprises (Monsha’at) for the Mazaya project. The 24-month contract, which was …

Companies Investments

5 September 2023 07:14 PM MENA-focused HyperPay enters strategic partnerships at Seamless Saudi Arabia; listed entities included

Riyadh – Mubasher: Payment gateway provider in the MENA region HyperPay entered into strategic partnerships with prominent organisations at Seamless Saudi Arabia 2023 to help reshape the fintech landscape and elevate customer experiences, …

Banking and Finance

4 June 2023 08:48 AM Saudi Azm obtains SAR 22m financing from Banque Saudi Fransi

Riyadh – Mubasher:  Saudi Azm for Communication and Information Technology Company has secured a Sharia-compliant facility valued at SAR 22 million from Banque Saudi Fransi. The Tadawul-listed firm will use the proceeds of the loan to issue …

Companies Investments

8 February 2023 00:09 PM Saudi Azm extends SAR 35m facility deal with Al Rajhi Bank

Riyadh – Mubasher: Saudi Azm for Communication and Information Technology Company has renewed a Sharia-compliant facility worth SAR 35 million with Al Rajhi Bank, according to a bourse filing. The company will use the loan to finance its working …

Banking and Finance

21 December 2022 11:55 AM Saudi Azm announces SAR 9.5m project with GAA

Riyadh - Mubasher: Saudi Azm for Communication and Information Technology Company inked a SAR 9.54 million contract with the Saudi General Authority for Awqaf (GAA) on 18 December 2022. The 36-month agreement covers the development and designing …

Companies Investments

23 September 2022 00:40 AM Saudi Azm awarded project from CIT ministry

Riyadh - Mubasher: Saudi Azm for Communication and Information Technology Company has been awarded a project from the Saudi Ministry of Communications and Information Technology. The value of the project, which was awarded on 20 September 2022, …

Companies Investments

20 September 2022 01:40 PM Saudi Azm wins SAR 14m operation project

Riyadh - Mubasher: Saudi Azm for Communication and Information Technology Company was awarded an operation project worth SAR 14.27 million on 19 September 2022. The listed firm will provide services for the third phase of a programme supporting …

Companies Investments

15 September 2022 09:27 AM Saudi Azm inks SAR 16m contract with finance ministry

Riyadh - Mubasher: Saudi Azm for Communication and Information Technology Company announced signing a contract worth SAR 16.51 million with the Ministry of Finance. Under the contract, Tadawul-listed Saudi Azm will develop digital portals and …

Macroeconomics