Equipment House secures SAR 24.5M project in Riyadh

Scientific and Medical Equipment House Co. received today, Nov. 6, approval for awarding a project tender worth SAR 24.52 million, inclusive of VAT, for medical clinic operation services at the General Administration of Medical Services in Riyadh, in collaboration with the General Administration of Financial and Administrative Affairs.

In a statement to Tadawul, the company said the execution period for the project is three years, with the financial impact expected to begin in the first quarter of 2025.

Any future developments once the final version of the contract is signed by all relevant parties and a copy is received, the statement added.