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Scientific & Medical Equipment House Co. announces the signing of a partnership agreement with Haier Germany for the distribution and sale of operating room equipment in the Kingdom of Saudi Arabia.

EQUIPMENT HOUSE 4014 32.77% 54.90 13.55
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Announcement Detail Scientific & Medical Equipment House Company, specializing in the sale, operation, and maintenance of medical equipment through its commercial sector, announces the signing of an exclusive distribution agreement with Haier Germany, a specialist in the sale and distribution of operating room equipment worldwide and the Middle East, during the Health exhibition in Dubai on Wednesday, January 31, 2024.

The agreement aims to expand Scientific & Medical Equipment House Co.'s customer base and its portfolio of exclusive agencies for medical equipment companies in the Kingdom, a distinction that the company holds in the Middle East.

Mr. Barakat bin Saud Al-Arifi, CEO of Scientific & Medical Equipment House Co., expressed his happiness with the signing of the exclusive distribution agreement for Haier's surgical equipment. He said that these agreements will support the company's current expansion plans through the sale and distribution of Haier's products in Saudi Arabia.

The CEO added that this step is part of the company's efforts to achieve its strategic goals and expand its operations through the supply, sale, and distribution of medical equipment to global companies in the Kingdom.

It is expected that these agreements will contribute to achieving the targets of the commercial sector at Scientific & Medical Equipment House Co., and their financial impact will appear in the company's financial statements for the fourth quarter of 2024.

Any updates or significant developments regarding the agreement will be announced in due course.

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