TIBBIYAH subsidiary signs contract to supply general medical devices for SAR 25.8 million

Arabian International Healthcare Holding Co. announced that Al Faisaliah Medical Systems Co.(“FMS); a subsidiary owned 100% by “TIBBIYAH”, signed a contract for an amount of SAR 25.8 million with National United Procurement Company (NUPCO) under the Tender NPT0028/22 pertaining the supply of General medical devices as per the Contract terms and conditions.

The company stated that the contract duration is 141 Calendar days from the date of issuance of the award or the date of the Contract Sign off by both parties or whichever is earlier.

The company expects that the financial impact on its financial results will appear in the Second Half of 2023.