Introduction
Solutions has secured a high value contract with National Water Company (NWC) of total value SAR 519.7 million. The purpose of this contract is to manage all IT infrastructure of National Water Company (NWC). Solutions is responsible for applications, security, and end user support for next five years. The financial impact of this contract will be seen in Q2 of 2026.
Key Contract Details
| Feature | Details |
| Contract Value | SAR 519.7 Million (Including VAT) |
| Client | National Water Co. (NWC) |
| Provider | Arabian Internet and Communications Services Co. (solutions) |
| Duration | 5 Years |
| Signing Date | February 19, 2026 |
| Scope | Managed IT Services, Infrastructure, Security, & Business Continuity |
| Financial Impact | Starting from Q2 2026 |
Impact of This Contract:
- This SAR 517.19 million contract will stable revenue stream of Solutions for next five years.
- Solutions has strategic importance because National Water Company (NWC) is a government company so it has deep trust on Solutions.
- There are no parties involve which means that this contract is transparent and have secured through fair bidding.
- One can see betterment of financial statements and shares in second half of 2026.
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