Logo of Naba Alsaha Medical Services Co.
Naba Alsaha Medical Services Co. signed today, June 19, a lease agreement with Hail Region Municipality at a total value of SAR 2.15 million inclusive of VAT.
In a statement to Tadawul, the company said it will establish, operate and maintain a hospital, a private clinic, or a medical complex on a land located in Hail.
The agreement is valid for 25 years.
The project is expected to have a positive financial impact on the company once it is launched.
Any updates will be duly announced, Naba Alsaha, added, noting that there are no related parties to the deal.
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