Saudi Arabia’s Advanced Systems and Information Company, known as MIS, has received its second major work order from Humain within days.
MIS Receives Second Work Order From Humain
Data center infrastructure expansion in Saudi Arabia has taken another rapid step forward as Al Moammar Information Systems Company (MIS) announced the receipt of its second major task assignment in a matter of days. The company disclosed through a filing on the Saudi Exchange (Tadawul) that work order number (2) carries a total value exceeding 135 percent of the firm’s total revenue for the 2025 fiscal year.
The execution timeline for this latest assignment spans 16 months, with the company having formally received the order on October 4. According to financial disclosures released to the market, the financial impact of the second work order is scheduled to register on the company’s books beginning in the fourth quarter of 2026.
Structure of the Multi-Billion Riyal Agreement
Both recent task assignments operate under an umbrella agreement signed between MIS and Humain to design and build data centers dedicated to artificial intelligence technologies.
This master agreement scales the total planned capacity of the specialized data center project from an initial 50 megawatts up to 250 megawatts. Because the scope is vast, execution is broken down into sequential phases governed by individual work orders. Market filings clarify that the initial agreement supersedes an earlier March contract valued at over 155 percent of 2024 revenues, folding those earlier commitments directly into the broader Humain partnership.
Timeline of Work Orders and Financial Impact
The rapid succession of task assignments highlights the pace at which the AI infrastructure project is moving. Just four days prior to receiving the second directive, MIS announced the receipt of work order number (1) on October 1. That initial directive covered the previously announced 50-megawatt operational scope and exceeded 148 percent of MIS’s 2025 revenue, translating to substantial additional value.
| Work Order | Value Relative to 2025 Revenue | Operational Capacity & Scope | Financial Impact Timing |
|---|---|---|---|
| Work Order No. 1 | Exceeds 148% | 50 megawatts (Design and build data center) | Began retroactively from Q2 2026 |
| Work Order No. 2 | Part of the 250-megawatt expansion | Begins in Q4 2026 (16-month execution) |
Humain’s Role in National AI Ambitions
Humain was launched in May 2025 under the umbrella of the Public Investment Fund to provide artificial intelligence services and products, spanning data centers, cloud computing capabilities, and advanced AI models. The entity serves as a central pillar in the Kingdom’s broader strategy to establish itself as a global hub for artificial intelligence development.
For MIS, the expanding partnership solidifies its market footprint in digital infrastructure and advanced technology services. Management anticipates further task assignments as the 250-megawatt project advances through its remaining development phases, with commitments to disclose material updates to the market as they occur.
