Tibbiyah unit signs SAR 52.7 mln medical supplies contract with NUPCO

08/01/2023 Argaam

Logo of Arabian International Healthcare Holding Co.

Arabian International Healthcare Holding Co. (Tibbiyah) announced that its wholly-owned subsidiary, Al Faisaliah Medical Systems Co. (FMS), inked, on Jan. 7, a SAR 52.74 million contract with National Unified Procurement Co. (NUPCO), according to a statement to Tadawul.   

 

Under the 915-day contract, Tibbiyah will supply medical orthopedics and spine consumables to governmental institutions as per the contract terms and conditions.  

 

The relevant financial impact will appear as of H2 2022.   

 

There are no related parties to the contract, the statement added.  

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