Equipment House wins SAR49.99 million university contract
Scientific and Medical Equipment House won a tender from Princess Nourah Bint Abdulrahman University for a three-year medical equipment contract.
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what happened
Scientific and Medical Equipment House has been awarded a tender by Princess Nourah Bint Abdulrahman University, Newsmetry API reports. The contract is valued at SAR 49.99 million and will run for three years.
The agreement covers maintenance of medical equipment at King Abdullah Bin Abdulaziz University Hospital and the dental clinics. The company expects the project’s financial impact to begin appearing in Q1 2027.
why it matters
The award gives Scientific and Medical Equipment House a multiyear order and provides a potential revenue contribution from Q1 2027. Its value and duration make the contract relevant to the company’s future financial results.
instruments
sources
- Equipment House Announces Tender Award With Princess Nourah Bint Abdulrahman University — Newsmetry API, 13 October 2026 at 05:43 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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