Edarat Communication and Information Technology Co. operates as a technology services company in the Kingdom of Saudi Arabia and internationally. The company operates through two segments, Data Center Engineering Services and Cloud Services. It offers smart cities and smart building technology, data center engineering, ICT consulting and advisory, workload migration, and cloud services. The company also provides virtual network operator services, colocation services, system analysis, design and programming of software, management and monitoring of communications and information networks, and web hosting infrastructure and related services, as well as offers data center engineering and IT modernization related services. It serves banks, telecom operators, defense and security, and oil and gas businesses. The company was founded in 2004 and is headquartered in Riyadh, Saudi Arabia.
Saudi Arabian Market Performance
7D7 Days: -0.2%
3M3 Months: -6.5%
1Y1 Year: -13.1%
YTDYear to Date: -12.7%
The market has been flat in the last week, however the Utilities sector is down 3.8%. The past year hasn't been profitable, with the market dropping 13%. As for the next few years, earnings are expected to grow by 6.2% per annum. Market details ›
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