4Global wins contracts in Middle East and Mexico

Software firm 4Global said on Tuesday that it has been awarded contracts in both the Middle East and Mexico.

4Global said the contract in the Middle East covered data, insight, and knowledge applications for one of its "long-standing strategic partners", has a value of $290,000, and will be delivered and recognised in the current financial year.

The AIM-listed group added that the contract in Mexico was awarded with the Guadalajara Convention and Visitors Bureau in the City of Guadalajara, one of the sixteen venues of the 2026 FIFA World Cup.

Under the contract, 4Global will assist in making investment decisions and assess whether investments are achieving the criteria with regard to social impact. The contract value was for $250,000 and will be delivered and recognised in the current financial year.

Chief executive Eloy Mason said: "We are delighted to have been awarded these contracts which signify our commitment to excellence and dedication to delivering exceptional value to our clients. Our new business pipeline is strong, demand for our products and services is at an all-time high and we are confident of delivering further new contract wins."

As of 1220 BST, 4Global shares were up 3.20% at 64.50p.

Reporting by Iain Gilbert at Sharecast.com