Mouwasat ink SAR 40m deal to supply medical devices

Riyadh – Mubasher: Mouwasat Medical Services Company signed a SAR 40 million deal with Philips Healthcare Saudi Arabia Limited Co. on September 18, according to a statement.

Mouwasat will supply and install diagnostic radiology, intensive care, and telehealth devices and systems to the Mouwasat Hospital in Khobar.

The deal’s financial impact is expected to reflect on Mouwasat’s results for the fourth quarter of 2017.

Mouwasat and Philips signed a two-year agreement to cooperate in healthcare research and development.

Mubasher Contribution Time: 19-Sep-2017 07:12 (GMT)
Mubasher Last Update Time: 19-Sep-2017 07:12 (GMT)