Equipment House awarded SAR 13.5 mln contract to operate Al Jouf University medical centers

05/10/2022 Argaam
Logo of Scientific Medical Equipment House Co. (Equipment House)

Logo of Scientific & Medical Equipment House Co. (Equipment House)

Scientific & Medical Equipment House Co. (Equipment House) announced receiving on Oct. 4 an approval to undertake the medical operation of Al Jouf University’s medical centers from the Ministry of Education at SAR 13.46 million (inclusive of VAT). 

 

In a statement to Tadawul, Equipment House clarified that the project term is three years, indicating that its financial impact will be reflected during the first quarter of 2023. 

 

The company stated that there are no related parties to the deal. It noted that any future developments in this regard will be announced in due course, especially after receiving the final signed contract from all concerned parties. 

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