“The tag” signs a contract with “Endowments” to revise the authority’s data and register it immediately

Yesterday, the ITS signed a contract with the General Authority of Endowments to implement a project to revise the endowment data confined to the entities and register it immediately.
The company announced on the Saudi Tadawul website on January 1, that it had obtained a notice of awarding a project to revise the endowment data confined to the authorities and register it immediately with the General Endowments Authority.
She added that the value of the contract is 11.6% of the company’s total revenues for the fiscal year 2023 AD.
She pointed out that the contract period is 24 months, expected that the financial impact has a positive reflection on the results during the first half of 2025.