Al-Moammar Information Systems Co (MIS) announced on Wednesday that it received a letter of award from HUMAIN expanding the scope of a project to design and build a data center dedicated to AI technologies, increasing the project’s capacity from 50 megawatts (MW) to 250 megawatts. In a statement on Tadawul, the company said the expanded scope involves designing and constructing additional data centers with a total capacity of 200 MW, to be implemented in phases. MIS added that the total contract value following the increase to 250 MW exceeds 689% of the company’s total revenue for 2025. MIS signed a contract with HUMAIN in March worth more than 155% of the company’s total revenue for 2024, covering the design and construction of a data center dedicated to AI technologies. The company will commence the approved engineering, procurement and construction (EPC) works for HUMAIN, while the parties complete procedures to finalize the contract, which is expected to be signed within two weeks. The progress of the initial project has not been affected by the scope of expansion and that work is continuing according to the previously announced schedule. MIS will announce any material developments related to the project in due course, the statement noted. The project comes as Saudi Arabia is rapidly scaling its data center and AI infrastructure to meet the growing use of AI and the rising demand from companies and institutions for computing capacity to build AI-powered products and services.
