Saudi German CEO says Hail Hospital construction 100% complete

07/11/2016 Argaam

Construction works at Saudi German’s Hail Hospital are 100 percent complete, and trial operations are scheduled to start before the end of the year, the company’s chief executive Mohamed Mamoun El Najjar told Argaam.

 

Saudi-listed Middle East Healthcare Co. (MEAHCO), which owns Saudi German, is expected to receive 10 percent of the new hospital’s net profit, he added.

 

The healthcare firm also plans to build another hospital in Dammam later this year with a capacity of 150 hospital beds and 100 clinics, he said, while adding that the contract award will be announced sometime this month.

 

MEAHCO currently has four wholly-owned Saudi German Hospitals in Dubai, Jeddah, Riyadh, and Madinah. 

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