‎ITMAM inks project contract with SDB

‎ITMAM inks project contract with SDB ‎ITMAM inks project contract with SDB

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Logo of Itmam Consultancy Co.

Itmam Consultancy Co. signed, on Oct. 20, a contract with Social Development Bank (SDB) for the project of Dulani Business Center Operational Sustainability 2026, at a value exceeding 25% of the company’s total revenue for FY 2025.

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The project aims enhance the sustainability of Dulani Business Center by implementing non-financial services for projects, freelancers, and micro-enterprises, providing all the technical support and equipment, the company said in a statement to Tadawul.

The company further explained that the contract, whose term is 12 months, was awarded on Sept. 21, 2026. The necessary signatures have been completed and a copy of the contract has been received on Tuesday, Oct. 20, 2026.

The contract is expected to have a positive financial impact on the company’s financial results for 2026-2027. There are no related parties involved in the deal.

As per Argaam’s data, ITMAM’s revenue for 2025 amounted to around SAR 79.24 million, of which 25% is equal to nearly SAR 19.81 million.

 

‎

Logo of Itmam Consultancy Co.

Itmam Consultancy Co. signed, on Oct. 20, a contract with Social Development Bank (SDB) for the project of Dulani Business Center Operational Sustainability 2026, at a value exceeding 25% of the company’s total revenue for FY 2025.

The project aims enhance the sustainability of Dulani Business Center by implementing non-financial services for projects, freelancers, and micro-enterprises, providing all the technical support and equipment, the company said in a statement to Tadawul.

The company further explained that the contract, whose term is 12 months, was awarded on Sept. 21, 2026. The necessary signatures have been completed and a copy of the contract has been received on Tuesday, Oct. 20, 2026.

The contract is expected to have a positive financial impact on the company’s financial results for 2026-2027. There are no related parties involved in the deal.

As per Argaam’s data, ITMAM’s revenue for 2025 amounted to around SAR 79.24 million, of which 25% is equal to nearly SAR 19.81 million.

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