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Al Moammar Information Systems (MIS)

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Tech

Al Moammar Information Systems (MIS) Overview

Al Moammar Information Systems (MIS) is one of the largest IT companies in Saudi Arabia.

It was the first Saudi public listed company in the IT field and provides integrated solutions for information systems and technical products that meet international standards.

Al Moammar Information Systems serves clients in sectors including entertainment, transport and logistics and manufacturing and retail, providing services including digital supply chain, customised apps and data management.

MIS also offers project management and consultancy. Customers include Aramco, Saudi Arabia Railways and Zain.

MIS is based in Riyadh and has offices in Jeddah and Khobar.

Subsidiaries include MIS Forward, Excellence Medical Systems and Edarat Group.

Al Moammar Information Systems (MIS) News

Saudi Arabia data centre

Four-fold boost to Saudi data centres planned

Saudi Arabia plans to boost its data centre capacity four-fold to more than 1,000 megawatts over the next five years, according to one of the country’s leading data centre providers. The current capacity in the kingdom is approximately 250-300MW. Abdullah Al Ghamdi, CEO of Al Moammar Information Systems (MIS), revealed the target in an interview […]

Abdullah bin Sharaf Alghamdi, head of the Saudi Authority for Data and Artificial Intelligence: 'The rise of generative AI presents ethical dilemmas we must confront head on'

Saudi Arabia pledges to ‘confront’ risks posed by AI

Saudi Arabia is determined to be “at the forefront” of artificial intelligence funding and development, a senior official told an AI conference in Riyadh on Tuesday. However, Abdullah bin Sharaf Alghamdi, head of the Saudi Authority for Data and Artificial Intelligence, also said the kingdom was wary about the security implications of AI and would take […]

PIF governor Yasir Al-Rumayyan says Saudi Arabia has the 'political will' to make AI projects happen

Saudi companies form AI cloud services partnership

The Saudi IT company Al Moammar Information Systems, an investor in the US artificial intelligence (AI) research company OpenAI, has formed a partnership with the investment banker Saudi Fransi Capital to look into launching cloud services for the kingdom’s AI market.  Al Moammar will “recommend an optimal business model considering demand, regulations, and technology, assess […]

Moammar Riyadh

Riyadh IT company wins $10m project with Saudi AI authority

Al Moammar Information Systems, a Riyadh-based technology company, has secured a SAR39 million ($10 million) project with the Saudi Data and AI Authority (SDAIA). Al Moammar, a listed company formed in 1996, invested $5 million in the giant American artificial intelligence research company OpenAI earlier this year. OpenAI is known for its large language AI […]

PIF governor Yasir Al-Rumayyan said the kingdom has ample funds to foster AI's development

Saudi wealth fund pitches kingdom as global AI centre

The governer of the Saudi sovereign wealth fund, Yasir Al-Rumayyan, expects the kingdom to emerge as a centre for artificial intelligence activities outside the US. “We are fairly well positioned to be an AI hub outside of the US,” Reuters reported, citing the Public Investment Fund governor’s speech at a Miami investment event. The head […]

OpenAI CEO Sam Altman was removed by the company board in November but returned four days later

Saudi IT company invests $5m in OpenAI

The Saudi IT company Al Moammar Information Systems has announced an investment of $5 million in the US artificial intelligence (AI) research company OpenAI.  Al Moammar recently established a portfolio to invest in international companies in the field of artificial intelligence.  Bloomberg reported in December that in early January OpenAI would complete a tender offer […]