Al-Masafi subsidiary to equip Al-Majma'ah hospital
The Saudi Arabian Refining Company "Sarko" has signed a contract valued at approximately 7.93 million SAR with Raya Al Tajdeed Company, one of its subsidiaries, to carry out renovation and equipment works for the women's and maternity ward at King Khalid Hospital in Al-Majma'ah. The project aims to upgrade and develop the ward's facilities according to health standards, with a timeline spanning several months. It is expected to contribute to improved cash flows and financial results for the group starting from the third quarter of 2026. This expansion in operational activities reflects the company's efforts to diversify its portfolio and its focus on the healthcare sector, while ensuring transparency with no related parties involved in the deal.
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