Riyadh – Mubasher: Dallah Healthcare Company said Thursday that it has signed a non-binding memorandum of understanding (MoU) with AWJ Investment Company to establish a closed joint stock firm.
The new company’s purpose is setting up and operating a general hospital in Jeddah, according to a bourse statement.
Earlier in May 2016, Dallah signed an MoU with Shibh AlJazira Real Estate Development Company. Thus, AWJ is replacing Shibh AlJazira Real Estate Development in this agreement based on the desire of the landlord, the statement added.
