We purpose to broaden in new areas and intend to announce a plan to broaden later

Khalid bin Sulaiman Al -Saleem, Managing Director of Al -Mawasa Medical Providers Firm


He mentioned Khalid bin Sulaiman Al -Saleem Managing director of an organization Session for medical providersThe corporate goals to broaden in new areas, indicating that there’s a plan for horizontal enlargement that might be introduced later.


He added in an announcement to CNBC Arabia, that the latest enlargement got here after complete research to succeed in the corporate’s targets, indicating that the primary and subsidiary specializations might be in all hospitals with the addition of various wants for every area.


He defined that the financing of venture is at all times divided between self -financing by 20% and one other by native banks by 80%, indicating that the corporate’s loans are actually as much as 900 million riyals, and sympathy is awaited rate of interest adjustments on this side.


Al -Saleem identified that the well being sector is witnessing nice development within the technical side, particularly synthetic intelligence.


In response to information numbersThe Board of Administrators of Al -Mawawas Medical Providers Firm accepted yesterday the venture of creating the brand new firm hospital in Al -Ahsa, and the enlargement of the corporate hospital in Qatif and the corporate’s hospital in Riyadh, at a complete value of 1.38 billion riyals.

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