Equipment House wins SAR 53.2M Health Ministry project

Scientific and Medical Equipment House Co. (Equipment House) secured approval on Feb. 25 for a project worth SAR 53.16 million (including VAT) with Saudi Arabia’s Ministry of Health’s General Office.

In a statement to Tadawul, Equipment House said the 24-month project involves replacing and upgrading infrastructure for systems and equipment at Huraymila General Hospital in Riyadh.

The company expects the financial impact of the project to begin in the third quarter of 2025, confirming that there are no related parties involved.

Any future developments will be announced in due course after the final contract is signed by all relevant parties and a copy is received, the statement added.