Nu'aa Al-Seha Revises Contract Terms

Nasb Al Seha Medical Services Company announced an adjustment to the cost of the hospital project under the contracting agreement with Al Kiyan Al Fanniya Al Arabiya Contracting Company. Eleven change orders related to electrical works have been approved, increasing the project's total value to approximately 121.3 million Saudi Riyals. These modifications have extended the project timeline, with an expected operational start date of January 31, 2027, and full project completion by February 28, 2027. This adjustment comes in response to fluctuations in raw material prices and increased shipping costs due to the global geopolitical situation, all aimed at accelerating the project's progress and ensuring the facility opens in early 2027.

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