ITS profit up 36 per cent

DUBAI - International Turnkey Systems (ITS), one of the leading IT solutions providers in the Middle East and North Africa, has announced at the ITS general assembly for the financial year 2003, an increased profit of 36 per cent in its last year's revenues.

By A Staff Reporter

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Published: Thu 19 Feb 2004, 12:15 PM

Last updated: Wed 1 Apr 2015, 11:54 PM

The meeting was attended by Samir Al Nafissi, chairman of ITS, Mohammed Al Attiki, a representative of Kuwait Finance House, Walid Al Ossaymi, account controller of ITS and Khalid Faraj, general manager of ITS.

The ITS assembly approved the annual report and financial reports prepared by the account controller for the financial year ended in September 31, 2003. Mr Al Nafisi, said : " ITS now provides turnkey system solutions for large and mid-sized companies and institutions in the region through its offices in Kuwait, Bahrain, Qatar, Saudi Arabia, UAE, Oman, Egypt, Lebanon and Syria. The performance in 2003 was helped by ITS extending its reach into new markets in Iraq and Jordan and by the signing of some major agreements in the region." ITS has provided vital information systems to institutions of higher education, specifically for registration processing in universities including American University for Technology in Lebanon, Aft College, and Al Imam University in Saudi Arabia.

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