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Scientific & Medical Equipment House wins over SAR 166.5m deal from Saudi gov’t

Scientific & Medical Equipment House wins over SAR 166.5m deal from Saudi gov’t
EQUIPMENT HOUSE
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Riyadh – Mubasher: Scientific & Medical Equipment House Company has been awarded a project with the Ministry of Health at a value of SAR 166.63 million on 11 January.

The project has been announced as Nutrition services for King Saud Medical City in Riyadh at an implementation period of five years, according to a bourse filing.

The financial impact of the project contract will likely be realised during the second quarter (Q2) of 2023.

Earlier this month, the company was awarded a project contract worth SAR 194.81 million in Medina from the Saudi Ministry of Health.