TAM bags SAR 38M contract from government entity

06/08/2025 Argaam
Logo ofTam Development Co.

Logo of Tam Development Co.

Nomu-listed TAM Development Co. was awarded, on Aug. 5, a contract by a government entity for SAR 38 million, according to a statement to Tadawul.

 

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Under the contract, the company will provide digital and operational solutions services for a government entity.

 

There are no related parties involved, the statement added.

 

The contract is likely to be signed on Oct. 15, 2025, with the financial impact anticipated to appear as of Q1 2026.

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