‎Equipment House inks SAR 11.9M medical contract

‎Equipment House inks SAR 11.9M medical contract ‎Equipment House inks SAR 11.9M medical contract

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The SAR 11.92 million contract covers medical operations and equipment maintenance services.

Scientific and Medical Equipment House Co. (Equipment House) signed on Oct. 14 a contract for medical operations and equipment maintenance at medical centers affiliated with the he General Security Aviation Command (GSAC) in Riyadh.

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In a statement to Tadawul today, the company said the project covers medical operations and equipment maintenance at the GSAC medical centers in Riyadh for three years, adding that no related parties are involved.

According to data compiled by Argaam, the company received a contract award notice on Aug. 6, 2026, with a total contract value of SAR 11.92 million, including value-added tax (VAT).

The company expects the project’s financial impact to be reflected in its results starting Q4 2026.

In statements to Argaam last August, CEO Faisal Al-Atawi said the company’s existing project portfolio stood at approximately SAR 3.5 billion.

 

‎

The SAR 11.92 million contract covers medical operations and equipment maintenance services.

Scientific and Medical Equipment House Co. (Equipment House) signed on Oct. 14 a contract for medical operations and equipment maintenance at medical centers affiliated with the he General Security Aviation Command (GSAC) in Riyadh.

In a statement to Tadawul today, the company said the project covers medical operations and equipment maintenance at the GSAC medical centers in Riyadh for three years, adding that no related parties are involved.

According to data compiled by Argaam, the company received a contract award notice on Aug. 6, 2026, with a total contract value of SAR 11.92 million, including value-added tax (VAT).

The company expects the project’s financial impact to be reflected in its results starting Q4 2026.

In statements to Argaam last August, CEO Faisal Al-Atawi said the company’s existing project portfolio stood at approximately SAR 3.5 billion.

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