| Element List |
Explanation |
| Introduction |
Twareat Medical Care is pleased to announce the receipt of the Letter of Award (“LOA”) for the Medical Work Package related to the Prince Mohammed bin Salman Stadium project in Qiddiya City. The contract, valued at approximately SAR 20 million, encompasses the implementation and operation of comprehensive medical services over a four-year period |
| Date of the Award |
2025-10-06 Corresponding to 1447-04-14 |
| Counterparty |
The Uptown Stadium Construction Joint Venture (JV), composed of FCC Construction from Spain and Nesma & Partners from Saudi Arabia |
| Contract Value |
SAR 19,791,616, excluding Value Added Tax (VAT) |
| Expected Date for Signing the Contract |
2025-10-18 Corresponding to 1447-04-26 |
| Contract Details |
The establishment and operation of two fully equipped Advanced Life Support (ALS) clinics within the project, staffed by medical teams licensed by the Saudi Ministry of Health. These clinics will deliver 24/7 trauma management, occupational health services, and field medical care, ensuring continuous ALS capabilities and full-time medical readiness. All services will be provided in strict compliance with the standards of the Saudi Central Board for Accreditation of Healthcare Institutions (CBAHI) and the Ministry of Health. |
| Related Parties |
NA |
| Additional Information |
This contract aligns with Twareat Medical Care’s strategic vision to expand field medical services and major project engagements, in line with Saudi Arabia’s Vision 2030 objectives to enhance quality of life and develop the healthcare infrastructure for sports and entertainment initiatives |
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