CMCER Inks SAR 16.5 Million Contract with Johns Hopkins Aramco Healthcare

The Canadian Medical Center Co. (CMCER) announced on Wednesday the signing of a significant contract with Johns Hopkins Aramco Healthcare (JHAH) to operate nine healthcare clinics. The contract, valued at 16.5 million Saudi riyals and spanning 24 months, is expected to bolster the company’s financial performance starting from the second half of 2024.

According to CMCER’s statement on Tadawul, the finalized agreement was received on Tuesday, June 25, 2024, and officially announced the following day.