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.

This decision followed the completion of the required regulatory procedures, according to a bourse filing.

On 10 July 2023, the board of MIS approved the establishment of National Excellence Data Centers as a wholly owned subsidiary in Riyadh.

The unit focuses on managing, operating, and marketing data centers, in line with MIS’s strategy to expand its footprint in the data center sector in Saudi Arabia. 

In April 2026, MIS secured a purchase order from the Ministry of Education to deliver IT services and products.

During 2025, Edarat Group logged an annual surge of 47.35% in net profits to SAR 36.34 million, compared with SAR 24.66 million.

Mubasher Contribution Time: 28-Apr-2026 07:59 (GMT)
Mubasher Last Update Time: 28-Apr-2026 12:27 (GMT)