Edarat Communication and Information Technology Co. (9557)

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News

5 October 06:16 PM Edarat shareholders ratify share buyback, board election

Riyadh — Mubasher: Edarat Communication and Information Technology Company announced the results of its Extraordinary General Assembly meeting (EGM), where shareholders approved the plan to purchase a maximum of 15,000 of own shares, representing …

Corporate Actions

4 October 06:46 PM Edarat unveils SAR 127.5m purchase order details

Riyadh — Mubasher: Edarat Communication and Information Technology Company issued a purchase order valued at SAR 127.54 million to acquire cloud computing and Graphics Processing Unit (GPU) infrastructure equipment. The transaction with supplier …

Company News

29 September 11:31 AM Edarat secures SAR 198m data center deal from MIS

Riyadh — Mubasher: Edarat Communication and Information Technology Company has received a contract award letter from Al Moammar Information Systems (MIS) valued at SAR 197.80 million, including value-added tax. The award, received on 8 September …

Companies Investments

29 September 10:30 AM Edarat approves SAR 150m investment plan for cloud infrastructure expansion

Riyadh — Mubasher: Edarat Communication and Information Technology Company’s board of directors has approved a strategic investment plan valued at up to SAR 150 million. The capital expenditure is dedicated to the expansion of the Edarat Cloud …

Company News

31 August 11:29 PM Edarat shareholders to vote on share buyback at EGM

Riyadh — Mubasher: Edarat Communication and Information Technology Company has invited its shareholders to an extraordinary general meeting (EGM) scheduled for 17 September 2026 to vote on a proposal to buy back up to 15,000 shares. The buyback …

General Assembly

23 August 11:50 AM Edarat extends Audit Committee term

Riyadh — Mubasher: The board of Edarat Communication and Information Technology Company has approved the extension of the current audit committee’s term for a period of one year. The extension is scheduled to begin on 21 August 2026 and will …

Company News

30 July 06:26 AM Edarat receives SAR 20m purchase order from MIS

Riyadh – Mubasher: Edarat Communication and Information Technology Company has received a purchase order valued at SAR 19.84 million from Al Moammar Information Systems Company (MIS). The contract, awarded on 29 July 2026, covers the provision of …

Company News

30 July 05:37 AM Edarat logs 30% leap in H1-26 net profits

Riyadh – Mubasher: Edarat Communication and Information Technology Company logged net profits valued at SAR 19.79 million in the first half (H1) of 2026, an annual jump of 29.80% from SAR 15.24 million. The company achieved a net profit margin of …

Financial Results

16 July 03:09 PM Edarat distributes proceeds from fractional share sale

Riyadh – Mubasher: Edarat Communication and Information Technology Company has finalized fractional share sale process and the subsequent distribution of proceeds to eligible shareholders. The sale follows a capital increase approved by the …

Companies Investments

13 July 02:37 PM Edarat’s shareholders approve related-party transactions

Riyadh – Mubasher: Edarat Communication and Information Technology Company’s shareholders approved multiple related party transactions during an ordinary general meeting held on 12 July 2026. The meeting, which achieved a 59% attendance rate, …

Companies Investments

25 June 10:32 AM Edaa finalizes securities quantity increase for Edarat Group

Riyadh – Mubasher: The Securities Depository Center Company, widely known as Edaa, recently announced the implementation of a securities quantity increase for Edarat Communication and Information Technology Company (Edarat Group). The corporate …

Markets Regulations

22 June 07:39 PM Edarat Group reveals details regarding nomination period for new board

Riyadh – Mubasher: Edarat Communication and Information Technology Company (Edarat Group) has officially announced the commencement of the nomination period for its Board of Directors for the upcoming three-year term. The new session is scheduled …

Management Decisions

22 June 06:30 PM Edarat Group rejects contracts with MIS, other entities

Riyadh – Mubasher: The shareholders of Edarat Communication and Information Technology Company (Edarat Group) rejected several proposed related-party contracts involving Al Moammar Information Systems (MIS) and other entities, granting the company …

Company News

15 June 10:12 PM Tadawul reveals fluctuation limits for Edarat Group

Riyadh – Mubasher: The Saudi Exchange (Tadawul) has adjusted the daily trading parameters for Edarat Communication and Information Technology Company (Edarat Group) following the successful approval of a capital increase, according to a bourse …

Trading Activities

15 June 05:07 PM Edarat Group’s shareholders approve capital hike to SAR 75.6m

Riyadh – Mubasher: The extraordinary general meeting (EGM) of Edarat Communication and Information Technology Company approved a 50% capital hike to SAR 75.60 million from SAR 50.40 million. Edarat will allocate SAR 25.20 million from the retained …

Companies Investments

26 May 07:39 PM Edarat Group to consider 50% capital raise through free shares, dividends payout

Riyadh – Mubasher: Edarat Communication and Information Technology Company will hold a shareholders meeting on 14 June 2026 to vote on a board’s recommendation to increase the capital by 50% through the issuance of bonus shares. During the …

Management Decisions

28 April 10:59 AM Edarat Group enters MIS data center subsidiary with 40% stake

Riyadh - Mubasher: Edarat Communications and Information Technology Company (Edarat Group) has become a partner in National Excellence Data Centers Company, a subsidiary of Al Moammar Information Systems Company (MIS), with a 40% shareholding. …

Companies Investments

9 February 03:04 PM Edarat Group witnesses 47% higher net profits in 2025

Riyadh - Mubasher: Edarat Communication and Information Technology Company (Edarat Group) reported SAR 36.34 million in net profit attributable to shareholders during 2025. The net income last year was higher by 47.35% than SAR 24.66 million in …

Financial Results

4 February 2025 05:17 PM Edarat Group logs SAR 104.5m revenue in 2024; net profit surges 40% YoY

Riyadh – Mubasher: Edarat Communication and Information Technology Company (Edarat Group) reported a net profit of SAR 24.66 million in 2024, which marked a 41.98% year-on-year (YoY) surge from SAR 17.37 million. Edarat Group’s revenue increased …

Corporate Actions

23 July 2024 04:45 PM Edarat Communication inks 2 agreements for cloud, data centre services

Riyadh – Mubasher: Edarat Communication and Information Technology Company has signed two contracts with BPS ARABIA for Information Technology and Digital Centers for Data and Communication for cloud, data centre design, supervision, consulting …

Companies Investments

23 June 2024 11:24 AM MIS’ unit Edarat Communication announces SAR 126m project award

Riyadh – Mubasher: Edarat Communication and Information Technology Company received a project award valued at SAR 125.77 million from Al Moammar Information Systems Company (MIS). The project contract, which was awarded on 13 June, covers the …

Companies Investments

17 April 2024 05:11 PM Edarat Communication’s EGM approves 100% new capital hike

Riyadh – Mubasher: The shareholders of Edarat Communication and Information Technology Company gave a nod, during their extraordinary general meeting (EGM) on 16 April 2024, for doubling the capital through bonus shares.   This decision builds on …

General Assembly

1 January 2024 04:59 PM Edarat Communication inks over SAR 11m contract with Saudi gov’t

Riyadh – Mubasher: Edarat Communication and Information Technology Company signed a contract worth SAR 11.47 million with the Ministry of Human Resources and Social Development for 2.5 years starting from 3 December 2023. The contract covers the …

Companies Investments

6 April 2023 03:21 PM Edarat Communication obtains regulatory nod to double capital

Riyadh – Mubasher: Edarat Communication and Information Technology Company received the approval of the Capital Market Authority (CMA), on 5 April, to increase its capital by 100% through bonus shares. The listed firm plans to increase the capital …

Corporate Actions

9 January 2023 03:02 PM Saudi parallel market Nomu sees IPO momentum in 2023

By: Bedour El-Raie  Mubasher: The Parallel Market (Nomu) of the Saudi Exchange (Tadawul) witnessed an unprecedented leap in new initial public offerings (IPOs) in 2022, welcoming 32 new companies to the market. The number of Nomu-listed companies …

Trading Activities