Logo of TAM Development Co.
TAM Development Co. was awarded on June 21 a contract from the Ministry of Culture to undertake the “Tarjim - Book Translation Grants” initiative for the Literature, Publishing and Translation Commission.
The contract, expected to be signed on July 25, is valued at SAR 54.09 million, the company said in a statement to Tadawul.
Under the contract, the company will design and undertake a book translation grants program in line with the Kingdom’s efforts to boost the translation field and publishing activities by offering consulting services backed by digital solutions.
The contract included no related parties, the statement added.
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