AYYAN expects to get Al-Salam Hospital’s trial ops licenses in Q3 2022

Logo of AYYAN Investment Co.

AYYAN Investment Co. completed most of construction work at Al-Salam Hospital, with the required testing of the construction and medical systems as well as the provision of medical and administrative cadres also done.

Licenses required for trial operation are expected to be obtained during the third quarter of the year, AYYAN said in a statement to Tadawul, affirming the facility’s readiness for a test run.

The hospital is expected to be complete on Sept. 15, 2022, as construction is 99% finalized.

There is no potential impact on the company's financial results due to the project’s delay as there is no change to its cost.

Any other developments will be announced later, AYYAN added.

Last December, the company said that construction of Al-Salam Hospital was ongoing, with trial operations expected to start by the end of Q2 2022, Argaam earlier reported.