Government Trims Size of Contract With Tam Development to SAR12.5 Million

06:33 AM EDT, 09/13/2026 (MT Newswires) -- Tam Development (SASE:9570) said Sunday that the Royal Commission for Riyadh City amended its existing services contract, reducing its value to 12.5 million Saudi riyals from 20.6 million riyals. The 18-month contract was awarded to the Saudi Arabia-listed digital and advisory services company in October 2025 for the provision of community engagement advisory services for the Green Riyadh Program. The deal was amended to cancel an operational line item.