Scientific & Medical Equipment inks roughly SAR 100m contract with Saudi gov’t

Riyadh - Mubasher: Scientific & Medical Equipment House Company recently signed a SAR 99.71 million contract with the Ministry of Health’s branch in Najran.

The five-year agreement was penned on 4 December 2025 and covers the maintenance and repair works of medical devices and equipment across several hospitals in Najran, according to a bourse filing.

The medical establishments include Najran New, Najran General, Al Amal Mental Health Complex, the Regional Laboratory and Forensic Medicine, the Dental Center, Thar, Maternity and Children, Habona, and the Mobile Medical Team.

Meanwhile, the project’s financial impact is expected to begin in the second quarter (Q2) of 2026.

It is worth noting that the company had announced on 12 January 2025 that it received the approval for the project award, but finalizing the contract and obtaining its copy was delayed.

Earlier in December, Scientific & Medical Equipment penned a 36-month project contract with Saudi Arabian Oil Company (Aramco) for the Berri Gas Plant.

Mubasher Contribution Time: 04-Dec-2025 15:09 (GMT)
Mubasher Last Update Time: 11-Dec-2025 14:48 (GMT)