Deals4 Feb 2026, 03:38 pm
Newgen Software Technologies L.L.C Secures AED 5,309,103 Contract from a Reputable Government Organization in UAE
AI Summary
Newgen Software Technologies L.L.C, a wholly owned subsidiary of the Newgen Software Technologies Limited, has executed an Agreement with a large reputable Government Organisation based in UAE for Newgen Software licenses, Implementation and support services. The aggregate value of the agreement is AED 5,309,103 (Five Million Three Hundred Nine Thousand One Hundred and Three UAE Dirhams Only) excluding value added tax. This transaction does not fall within the definition of a related party transaction as specified under the provisions of the Companies Act, 2013.
Key Highlights
- Newgen Software Technologies L.L.C has secured a contract worth AED 5,309,103 from a large reputable Government Organisation based in UAE.
- The contract is for Newgen Software licenses, Implementation and support services.
- The transaction does not fall within the definition of a related party transaction as per the Companies Act, 2013.
- The contract is expected to be executed by 04th February 2026.
- This deal marks a significant expansion for Newgen Software Technologies Limited in the UAE market.