Riyadh — Mubasher: Naseej for Technology Company announced that its Moroccan subsidiary has signed a contract with Rabat Region Development Company.
The contract is valued at 10.02 million Moroccan Dirhams, which is equivalent to SAR 4.05 million, according to a bourse filing.
Naseej for Technology noted that that the deal covers the supply and installation of advanced technical solutions for a public library in Rabat.
The project has a duration of 26 months and involves creating an integrated smart library environment.
Naseej for Tech will provide its Medad Cloud platform for library management and digital services, including self-service borrowing, return, and registration systems.
The scope of work also includes the deployment of intelligent robots for guidance and radio frequency identification (RFID) technology for collection management and tracking.
The company stated that the project is part of the Rabat City of Light program.
Naseej for Tech expects the financial impact of this contract to be positive during the years 2026, 2027, and 2028.
The company further confirmed there are no related parties involved in the transaction.
