CMCER signs SAR 22.8M contract with Ministry of National Guard

Canadian Medical Center Co. (CMCER) received on March 9 a contract with the Ministry of National Guard Health Affairs, valued at SAR 22.82 million (VAT inclusive).

In a statement to Tadawul, the company pointed out that the one-year agreement aims to supply medical personnel for the operation of King Abdullah Specialized Children Hospital in Al-Qassim and King Salman Specialized Hospital in Taif.

It expects this contract to have a positive impact on the financial results starting from Q3 2025. There are no related parties to the deal, the statement added.

In October 2024, CMCER was awarded a contract for the recruitment of medical staff in collaboration with the Ministry of National Guard Health Affairs, valued at SAR 22.82 million (VAT inclusive), Argaam data showed.