ProcIntel Procurement Intelligence. Delivered.
DEGRADED Shows whether ProcIntel's scheduled collection system is operating normally and when the latest successful collection completed. Currently: Scheduled collection is running, but recent source failures were recorded. Last collection 4 minutes ago
Preview
Public Preview — read-only, pre-launch
← Back to all Signals

‎solutions wins SAR 364M Center3 contract to build Dammam data center

Source
Argaam - Company Disclosures
Source link
https://www.argaam.com/en/article/articledetail/id/1925729
Published
2026-08-04 09:53:00
Discovered by ProcIntel
2026-08-04 06:17:39
Category
Supplier Risk
Geography
Saudi Arabia, UAE
Organisations
—
Review status
Pending
Record type
REAL

Summary

‎<p ><img src="https://argaamplus.s3.amazonaws.com/e2d73fdd-496a-4c6f-99c9-b3ce81a78216.png" ></p> <p class="ckeCaption" >The 18-month project covers engineering, construction, MEP works, and commissioning of a new data center</p> <hr> <p >Arabian Internet and Communications Services Co. (<a href="http://www.argaam.com/en/tadawul/tasi/solutions" target="_blank">solutions</a>) signed a contract with Center3 Digital Data and Communications Co. (Center3) to construct, build, and equip the DDC307 data center in Dammam for SAR 364 million, according to a statement to <strong>Tadawul</strong>.</p> <p ></p> <p ><strong>The scope of work includes the following key phases:</strong></p> <p ></p> <p ><strong>1)</strong> Mobilization – Preparing the site's infrastructure, project facilities, resources, and management teams to ensure a swift and organized project launch.</p> <p ></p> <p ><strong>2)</strong> Engineering – Completing the detailed design and full engineering works across all disciplines to ensure the highest standards of quality, safety, and constructability.</p> <p ></p> <p ><strong>3) </strong>Construction – Comprehensive civil and construction works to be executed across four integrated phases: site preparation, foundation works, superstructure construction, and final fit-out.</p> <p ></p> <p ><strong>4)</strong> MEP Works – Supplying, installing, and integrating all mechanical, electrical, plumbing, and public health systems in accordance with the highest international standards.</p> <p ></p> <p ><strong>5)</strong> Testing Commissioning – Conducting systematic testing, commissioning, and delivering a safe, reliable, and fully operational facility.</p> <p ></p> <p >Signed on Aug. 3, the 18-month contract is expected to begin contributing to the company's financial statements starting from the first quarter of 2027.</p> <p ></p> <p >Center3 is a related party. stc, which owns 79% of solutions, holds a 100% stake in Center3.</p>

Procurement Relevance Gate

FAIL — score 7.0/100 — evaluated 2026-08-04 06:17:39
Only geographic exposure matched — no substantive content indicator, so this cannot pass alone.
  • geographic_exposure (weight 8) — matched on "2 linked geographies"

Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.