Riyadh — Mubasher: Scientific & Medical Equipment House Company penned a contract valued at SAR 24.40 million with King Khalid University to provide clinical medical support services and equipment maintenance.
The agreement covers the clinics and laboratories of the university’s dental hospital.
The company received the signed contract on 15 September following an initial award notification previously announced on 26 August.
Under the terms of the agreement, the project will span a duration of three years.
Management expects the financial impact of this contract to begin appearing in the company’s financial results starting from the fourth quarter (Q4) of 2026.
Scientific & Medical Equipment House confirmed that there are no related parties involved in this transaction.
