• Al Moammar Information Systems (MIS) sold its entire xAI stake for USD 4.24M ( SAR 15.9M), gaining USD 3.24 M (SAR 12.2M).
• The original investment of USD 1 million (SAR 3.75M) reflects MIS’s focus on strategic, self-financed AI investment opportunities.
• The transaction was finalized on Dec. 25, and the impact will appear in Q4 2025 financial results.

xAI

Al Moammar Information Systems (MIS) has sold its entire stake in xAI, Elon Musk’s artificial intelligence company. The transaction is worth USD 4.24 million (SAR 15.9M). The sale generated USD 3.24 million (SAR 12.2M)  in positive financial impact, compared to the initial USD 1 million (SAR 3.75M) investment. Furthermore, the company confirms that the gain will reflect in the company’s Q4 2025 results

The sale aligns with MIS’s broader strategy of exploring new investment opportunities in global technology and AI markets. The transaction was completed on Dec. 25, the company added, signaling a strategic move rather than an exit from AI investments.

Artificial Intelligence 

The company first approved the creation of a self-financed investment portfolio targeting global artificial intelligence companies in January 2024. The portfolio was allocated USD 10.6 million (SAR 40M), aiming to acquire stakes in promising AI ventures with growth potential.

In May 2024, the company made its first move under this strategy by investing SAR 3.75 million to acquire a stake in xAI. The recent sale shows the company’s approach of selectively entering and exiting investments to optimize returns.

The move is part of a growing trend among regional investors leveraging AI-focused investment vehicles to capture returns from emerging technologies.

MIS did not disclose whether it plans to reinvest the proceeds from xAI into another AI venture or diversify into different sectors. Investors will watch the company’s next steps closely as the Middle East increasingly focuses on technology-driven growth and innovation.