Announcements & News - Itmam Consultancy Co. Announces an update on Project Award with Ministry of Human Resources and Social Development

ItmamConsultancyCo.AnnouncesanupdateonProjectAwardwithMinistryofHumanResourcesandSocialDevelopment

Published on 16 Feb 2026

Announcements

Element List	Explanation
Introduction	With reference to Itmam Consultancy Company’s announcement dated 19/05/2025 regarding the award of “Studying the effects of activating the social responsibility system” project, The Company announces that on 15/02/2026 it received a letter from the Ministry notifying it of the cancellation of the project award.
Previous Announcement	Project Award with Ministry of Human Resources and Social Development
Date of Previous Announcement on Saudi Exchange’s Website	2025-05-19 Corresponding to 1446-11-21
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	The project award has been formally cancelled, and the bid bond submitted for the project will be released as its purpose has lapsed. No obligations shall arise on the Company as a result thereof.
The costs associated with the event, and if they have changed or not with indication of the reasons.	There is no financial impact on the Company’s financial statements, as the final contract was not signed and the project had not commenced.