Alandalus Property Co. Announces The latest developments related to the Company’s joint venture with Dr. Sulaiman Al Habib Medical Services Group in Jeddah (Dr. Sulaiman Al Habib Hospital)

Alandalus Property Co. Announces The latest developments related to the Company’s joint venture with Dr. Sulaiman Al Habib Medical Services Group in Jeddah (Dr. Sulaiman Al Habib Hospital)

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Introduction

In reference to the announcement of Alanadalus Property Co. Published on tadawul website on 18/06/1445 AH corresponding to 31/12/2023 AD regarding the latest developments related to the company’s joint venture project with Dr. Sulaiman Al-Habib Medical Services Group (Al-Fayhaa Hospital in Jeddah ), which the company’s owns share is 50 %. According to the latest report received by (The company’s ) from the developing partner ( Dr. Sulaiman Al-Habib Medical Services Group), The final License has been issued by Ministry of Health on Saturday 23 March 2024, And the completion of testing phases of the project’s operational requirements were completed, including the readiness of the necessary medical, nursing, technical, and administrative staff were provided. Thus, Alandalus Property Co. announces the opening and starting the gradual operation of the hospital, and receiving visitors starting from Sunday 31 Marach 2024, in God's willing.

Previous Announcement

The latest developments related to the Company’s joint venture with Dr. Sulaiman Al Habib Medical Services Group in Jeddah (Dr. Sulaiman Al Habib Hospital)

Date of Previous Announcement on Saudi Exchange’s Website

2023-12-31 Corresponding to