Arabian Internet and Communications, SA15CIBJGH12

Solutions signs SAR 190 million deal: what it means for Arabian Internet and Communications stock

Published on 10/22/2026 at 10:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The October 6, 2026 contract adds SAR 190 million. For Arabian Internet and Communications stock, first-half profit reached SAR 824 million, up 2.00 percent.

Contract and earnings context

Solutions signed a SAR 190 million contract on October 6, 2026.
First-half 2026 profit reached SAR 824 million, up 2.00 percent year over year.
Arabian Internet and Communications had a SAR 21.3 billion market capitalization as of October 22, 2026.

Arabian Internet and Communications, SA15CIBJGH12, Illustration mit AI erstellt.

Arabian Internet and Communications (ISIN SA15CIBJGH12) signed a SAR 190 million managed messaging contract with STC Bank on October 6, 2026, according to Argaam. The agreement gives the Saudi technology provider a concrete contract milestone as investors assess its earnings growth and capital expansion.

Contract adds a new growth marker

The managed messaging agreement is the latest operating item listed for Solutions in October 2026. Argaam also reported a 100 percent capital increase through a bonus issue, while the companys capital rose to SAR 2.40 billion after one bonus share per existing share.

The earnings backdrop is stronger than the contract value alone suggests. For the first half of 2026, profit reached SAR 824 million, with second-quarter profit at SAR 453 million, according to Argaam. First-half profit was up 2.00 percent year over year, making the contract a supplementary growth signal rather than the only operating figure in the current picture.

What does the contract mean?

The immediate answer is scale. Solutions entered the contract announcement with first-half profit of SAR 824 million and a market capitalization of SAR 21.3 billion as of October 22, 2026. The companys earnings profile therefore remains central to how investors interpret new managed-services work.

Analyst expectations provide a separate valuation reference. Investing.com listed a 12-month average target of SAR 127.30 from 14 analysts, alongside nine buy ratings and five hold ratings. The target is a consensus measure, not a company forecast.

Three dated operating steps

On October 6, 2026, Solutions signed the SAR 190 million managed messaging contract. On October 7, 2026, Argaam reported approval of a 100 percent bonus issue. On October 11, 2026, Argaam reported that Edaa applied the capital increase, with capital reaching SAR 2.40 billion.

Dates and market position

The company calendar listed October 6, 2026 for bonus-share eligibility and June 11, 2026 for cash dividend distribution, according to Argaam. On Tadawul, the stock was last at SAR 89.30 on October 22, 2026 at 9:51 a.m. CEST, while its 52-week range was SAR 85.05 to SAR 131.50.