Edarat Communication and Information Technology Co.
9557.SR
Saudi Exchange284.00
SAR
-2.40
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Edarat Communication and Information Technology Co.
9557.SR
(Saudi Exchange)
Recent
price
284.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Edarat Communication and Information Technology Co. (9557.SR) operates as a technology services provider in the Kingdom of Saudi Arabia, the Middle East, and select international markets including the UAE, France, and Lebanon; the company delivers data center engineering, cloud infrastructure, and ICT solutions through its two primary segments of Data Center Engineering Services and Cloud Services. It offers smart cities and smart building technologies including IoT integrations; data center design, build, and operations with Tier III certifications; ICT consulting and advisory; workload migration services; private and government cloud platforms; virtual network operator capabilities; colocation and high-density hosting; edge AI computing with micro, deep, and meta-edge architectures for low-latency processing; system analysis, software design and programming; communications network management and monitoring; web hosting infrastructure; IT modernization; and Infrastructure as a Service (IaaS) with AI-driven analytics. Edarat targets banks and financial institutions, telecom operators, government entities, defense and security sectors, oil and gas firms, mining operations, and large enterprises; founded in 2004, the company maintains headquarters in Riyadh's Al Yasmeen District on Prince Nasir Bin Saud Bin Farhan Al Saud Street. Recent developments include a February 2025 partnership agreement with KPMG to accelerate artificial intelligence adoption via Edarat's cloud infrastructure across Saudi organizations; a July 2025 SAR 11.5 million contract with Maaden for edge compute services encompassing edge data centers, IaaS, and AI solutions to optimize mining operations with financial impacts starting in Q2 2025; and an October 2025 acquisition of a 40% stake in National Excellence Company from Al Moammar Information Systems for SAR 0.4 million, enhancing its service portfolio.