Riyadh - The Saudi Ministry of Health awarded Scientific & Medical Equipment House Company a project contract worth SAR 173.50 million in Dammam on 22 January 2023.

The firm will handle the maintenance, cleaning, and non-medical operation of Maternity and Children Hospital for five years, according to a bourse disclosure.

Scientific & Medical Equipment House expected the contract to reflect on its income statements during the fourth quarter (Q4) of 2023.

Meanwhile, the company said it will announce any further developments regarding the contract in due time.

Earlier this month, the two entities teamed up for maintenance and operation projects in Medina and Riyadh at a value of SAR 194.81 million and SAR 166.63 million, respectively.

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