Scientific & Medical Equipment House Co. announced that it has received on February 7, 2024, a letter of approval for awarding the competition for the medical maintenance project to Prince Muhammad bin Abdulaziz Hospital in Riyadh with the Ministry of Health. Project Value: SAR 51,074,079.36.

Project Details: The medical maintenance project to Prince Muhammad bin Abdulaziz Hospital in Riyadh with the Ministry of Health, a total amount (51,074,079.36) Only fifty-one million, seventy-four thousand and seventy-nine Saudi riyals and thirty-six halalas inclusive VAT and its implementation period is (5) five years. It is expected that the financial impact of the project will be reflected during the Third quarter of the fiscal year 2024. The company will announce any future developments in this regard in due course, after the final version of the contract has been signed by all relevant parties and a copy has been received.