Tam Development Co. (9570)

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News

8 July 06:59 PM Tam Development enters into SAR 70m agreement with engineers council

Riyadh – Mubasher: Tam Development Company signed a framework agreement with the Saudi Council of Engineers for an estimated value of SAR 70 million. The contract was finalized on 2 July 2026 and focuses on the provision of specialized services …

Companies Investments

5 July 11:45 PM Tam Development to disburse over SAR 2m dividends; unveils share buyback program, contracts

Riyadh – Mubasher: Tam Development Company announced that its shareholders approved a cash dividend distribution for the 2025 fiscal year and authorized a strategic share buyback program, according to a bourse filing. The extraordinary general …

Board of Directors

15 April 01:06 PM Tam Development appoints Al Mutrafi as new CEO

Riyadh - Mubasher: Tam Development Company announced Firas bin Ghazi bin Ibrahim Al Mutrafi as the new CEO, effective 15 April 2026. This appointment follows the resignation of the former CEO Abdullah Anwar Mohammed Yousef on 14 April, according …

Real estate

25 September 2025 08:22 PM Tam Development inks SAR 38m contract with Saudi gov’t

Riyadh - Mubasher: Tam Development Company signed a SAR 37.99 million contract with a government entity, on 22 September, to provide digital and operational solutions. The 24-month deal is expected to impact the company’s financial results …

Companies Investments

27 March 2024 04:23 PM Tam Development mulls 12% cash dividends for 2023

Riyadh – Mubasher: Tam Development Company unveiled the board’s proposal to disburse cash dividends amounting to SAR 4.05 million, representing 12.30% of the capital, for 2023. The Saudi firm will pay a dividend of SAR 1.23 per share for 3.29 …

Financial Results

10 January 2024 02:48 PM Tam Development rolls out SAR 17m deal

Riyadh – Mubasher: Tam Development Company inked an agreement valued at SAR 16.99 million with the Ministry of Hajj and Umrah, according to a bourse disclosure. The firm will provide the required consulting services along with digital solutions to …

Companies Investments

13 November 2023 00:06 PM Tam Development secures SAR 15m financing from Bank Aljazira

Riyadh – Mubasher: Tam Development Company has signed a SAR 15 million Sharia-compliant banking facilities agreement with Bank Aljazira. The company obtained the one-year financing on 12 November 2023 for the purpose of facilitating bank …

Companies Investments

1 October 2023 01:36 PM Tam Development secures SAR 25m financing from SAB

Riyadh – Mubasher: Tam Development Company signed a SAR 25 million Sharia-compliant financing facility agreement with Saudi Awwal Bank (SAB) on 20 September 2023. The funding term is 12 months and the agreement is guaranteed by a promissory note …

Companies Investments

29 August 2023 11:10 AM Tam Development rolls out 3 project contracts exceeding SAR 45m

Riyadh – Mubasher: Tam Development Company was awarded three deals at a combined value of SAR 45.12 million, according to bourse disclosures. The Tadawul-listed firm inked a project contract worth SAR 28.96 million with the Film Commission for 24 …

Companies Investments

12 July 2023 00:12 PM Tam Development unveils cash dividends for 2022

Riyadh – Mubasher: Tam Development Company announced cash dividends amounting to SAR 2.79 million for 2022.  The Saudi firm will disburse SAR 0.85 per share for fro 3.29 million eligible shares, according to a bourse disclosure. Meanwhile, the …

Cash Dividends

13 June 2023 08:43 AM Tam Development to begin trading on Nomu this week

Riyadh – Mubasher: The Saudi Exchange (Tadawul) announced that Tam Development will commence the listing and trading of its shares on the Parallel Market (Nomu) on Wednesday, 14 June 2023. Under the symbol 9570, the digital solutions consultancy …

Trading Activities