Logo of TAM Development Co.
TAM Development Co. announced, on Oct. 22, receiving two project contracts for the provision of digital consulting services, at a total value of SAR 64.09 million.
In two separate Tadawul statements, the company said the financial impact of the two 12-month contracts is expected to appear as of the fourth quarter of 2023.
According to data available on Argaam, last June, TAM received a letter of award for a project worth SAR 54.09 million with the Ministry of Culture’s Literature, Publishing and Translation Commission, entailing the company to undertake the commission’s Tarjim translation initiative.
In August, TAM received another letter of award for a project worth SAR 10 million with the Saudi Theater and Performing Arts Commission.
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