Description

Knowledge Net Company, officially established in Riyadh on August 24, 2000 (Commercial Registration No. 1010160878), is registered for a diverse array of activities. These include the wholesale of computers, accessories, printers, and ink; the wholesale and import of software; systems analysis; and the design and programming of its own proprietary software. Its registered scope also covers information and communication services, as well as the wholesale, retail, and repair of motor vehicles and motorcycles. The company strictly adheres to all applicable regulations and has secured all necessary statutory licenses for its operations, which remain valid as of the prospectus date (for more details, refer to Section 3 of the Prospectus). Currently, Knowledge Net's operations are primarily structured around two core axes: 1. Product Development and Sales: The company develops and directly sells its own business-centric software solutions. Its flagship offerings include: Trade Net: A comprehensive software package designed to automate processes within the financial services sector. Data Ability: A specialized software package for automated data cleaning and transfer, catering to various sectors with a strong focus on the banking industry. Soft More: A unique platform for building software applications, utilized both for the company's internal development and by other companies. 2. Strategic Projects: Knowledge Net engages in two main types of strategic initiatives: Consulting Services: Providing clients with highly experienced and specialized technical consultants and expert advice. Partnership Investments: Collaborating with private and public sector entities through capital participation, where the company invests an agreed-upon percentage of capital in the partner enterprise.