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- Saudi bank lending hits record $788bn as corporate loans surge
- Al Rajhi Bank announce a strategic partnership with MuhideFinTech Platform to authenticate and govern SMEs' trade finance transactions
- ACWA Power and Saudi Aramco ink deals to boost renewables, hydrogen, and desalination
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- Saudi Arabian Shares Drop Most in 10 Months After Oil Tumbles
- Sipchem inks $373m loan deal for key project
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- Canada Dollar Drops for Fifth Week as Jobs Data Adds to Gloom
- Ringgit seen remaining weak
- Gulf Bank's Alsamerai named 'HR Professional of the Year'
03/11/2013 17:33 AST
National Medical Care Company announces about the preparation for prospective opening of the phase one of National Hospital expansion project during the next week as a start of soft opening of hospital facilities of the new buildings. However, readiness of commercial operation for the entire project and financial impact will be announced later. This project has been already announced via the IPO prospectus in accordance with the company expansion plan, which stated the establishment of the new hospital with 200 beds in addition to 100 beds in the existing building. The new hospital is being built with the highest possible designs, equipment, and talented staff. As well, this expanded hospital is a noteworthy enhancement in hospital activities and quality of the provided medical services. Besides, the cost of the project is funded by the company sources, MOF loan, bank loan in compliance with Islamic law, and part of IPO proceeds.
Tadawul
03/02/2013
National Medical Care Co. (NMCC) has signed an agreement with Riyad Capital on Saturday to manage its initial public offering (IPO) of 13.5 million shares, representing 30.1 percent of the company's
Saudi Gazette
| Ticker | Price | Change |
|---|---|---|
| SULAIMANALHABIB | 294.00 | 2.20 (0.75 |
| MOUWASAT | 88.00 | 0.50 (0.57 |
| FAKEEHCARE | 67.50 | 0.20 (0.29 |
| DALLAHHEALTH | 157.60 | 2.20 (1.41 |
| NABAALSAHA | 88.80 | -2.50 (-2.74 |
06/02/2025
Saudi utility giant ACWA Power has signed two agreements with Aramco to accelerate the deployment of renewable energy projects and evaluate the performance of vanadium flow batteries in the Kingdom's
Arab News
05/02/2025
Al Rajhi Bank, a pioneer in innovative banking solutions in Saudi Arabia, has announced a strategic partnership with RATL Technology, the owner of Muhide fintech platform, to digitally empower and fi
Saudi Gazette
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
Financial Information Co.
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