Tam Development Co. signs contract with the Ministry of Hajj and Umrah with SAR 16.99 mln

Tam Development Company announced on Wednesday that it had received a contract for a project that entails establishing and operating the project management office and implementation acceleration for the Ministry of Hajj & Umrah, with a total value of 16,998,150 Saudi Riyal, Including VAT.

The scope includes providing the needed consulting services along with digital solutions to Establish and operate a project management office and implementation acceleration, and the duration of this contract is 12 months.

The Company said today on Tadawul that the financial impact is expected to be on Q1 & Q2 of 2024.