TAM Development signs contract with Communications, Space and Technology Commission for SAR 12.9 mln

Tam Development Company announced on Wednesday the signing of a project contract with the Communications, Space and Technology Commission with a total value of (12,980,000.02) including value added tax.

The company said that the duration of the contract is 12 months, and it expects the expected financial impact to be on the third and fourth quarters of 2023 and the first and second quarters of 2024.

Additional Information:

The date in the contract is 17/8/2023 and it has been officially received by TAM company on 21/11/2023.