Data, Services and Software Company 4Global Awarded Contracts in the Middle East and Mexico

By Joe Hoppe

London-based data, services, and software company, 4Global, has announced that it has secured contracts in both the Middle East and Mexico worth a total of $540,000.

Middle East Contract

The Middle East contract pertains to the provision of data, insight, and knowledge applications for an unnamed long-standing strategic partner. This contract holds a value of $290,000 and will be delivered and recognized during the current financial year.

Mexico Contract

4Global has also been awarded a $250,000 contract with the convention and visitors bureau in Guadalajara, which is one of the designated venues for the 2026 FIFA World Cup. As part of this contract, 4Global will support investment decisions by utilizing their data and Social Value Calculator product to assess whether investments align with social impact criteria. Similar to the Middle East contract, this agreement will be delivered and recognized in fiscal 2024.

Chief Executive Eloy Mazon expressed confidence in the company’s ability to secure further new contracts, noting a strong new business pipeline and high demand for their products and services.

At 0804 GMT, shares were up 1.0 pence, or 1.6%, at 63.5 pence.