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KnowledgeNet, a Saudi-based technology company, has signed a one-year contract with Emirates NBD to license its TradeNet product and deploy the system for a capital unit in the Kingdom. The contract value exceeds 16% of KnowledgeNet’s 2025 total revenues, which were SAR 29 million, translating to approximately SAR 4.64 million. The company expects the agreement to positively impact its 2026 financial results. The deal was finalized on June 30, with all necessary signatures and purchase orders completed.
This partnership is significant for Saudi equity markets as it highlights KnowledgeNet’s growing influence in providing financial technology solutions to major regional banks. The contract underscores confidence in the company’s TradeNet platform, which could drive revenue growth and market expansion. For traders, the deal may signal improved investor sentiment toward KnowledgeNet’s stock, particularly if the implementation meets financial projections.
For Gulf investors, the collaboration with Emirates NBD—a leading UAE bank—could enhance KnowledgeNet’s credibility and open doors to further regional partnerships. Traders should monitor the company’s quarterly reports in 2026 for updates on revenue contributions from this contract and potential follow-up agreements. The deal also reflects broader trends of digital transformation in Saudi Arabia’s financial sector.
