TAM signs SAR 20.7 mln deal with Ministry of Culture

29/08/2023 Argaam

TAM signs SAR 20.7 mln deal with Ministry of Culture

Logo of TAM Development Co.

TAM Development Co. signed on Aug. 28 a contract worth SAR 20.70 million (inclusive of VAT) with the Ministry of Culture, according to a Tadawul statement.

 

Under the 12-month contract, the company will provide technical services and solutions to build and operate digital products and platforms for the ministry.

 

The relevant financial impact will be reflected on the company's statements starting in Q4 2023, TAM said, adding that there are no related parties to the deal.

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