11/09/2025 04:41 AST

Saudi Arabia's Al-Modawat Specialized Medical Co has announced that construction work is nearing completion on the expansion of the eastern wing of the hospital's main building.

The wing is expected to become operational and officially open during the fourth quarter of 2025, it said in a filing to Saudi Exchange.

This expansion will result in a 23% increase in the number of inpatient rooms and a 12% increase in the number of medical clinics, it said.

The opening of the eastern wing is expected to enhance the hospital's capacity and accommodate a higher number of patients, which will positively impact the group's financial performance. The financial impact is anticipated to begin appearing in the fourth quarter of 2025 and extend into the first quarter of 2026, it added.


Trade Arabia

Al-Modawat Specialized Medical profit jumps 212% in 2025

26/02/2026

Al-Modawat Specialized Medical Co.'s net profit rose 212.44 percent year on year to SR18.98 million ($5.06 million) in 2025, according to a Tadawul filing.

The company reported revenue grow

Arab News

Ticker Price Volume
ALMODAWAT Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Ticker Price Change
SULAIMANALHABIB 242.40 1.20 (0.49%)
MOUWASAT 68.00 -0.50 (-0.73%)
DALLAHHEALTH 124.30 2.30 (1.88%)
FAKEEHCARE 36.34 -0.64 (-1.74%)
CHEMICAL 8.38 -0.16 (-1.88%)
NBK, Nazaha discuss strengthening partnership to support financial literacy, integrity in society

01/05/2026

In line with the efforts to strengthen strategic private and public partnerships, Isam Al-Sager, Vice Chairman and Group CEO of National Bank of Kuwait, paid an official visit to the Kuwait Anti-Corr

Kuwait Times

Gulf Bank records KD 9.4 million in net profit for first quarter of 2026

01/05/2026

Gulf Bank K.S.C.P. announced its financial results for the first three months ending March 31, 2026. The Bank reported a net profit of KD 9.4 million, in line with its 2025 first three months net pro

Kuwait Times

Visa appoints Emirates NBD as National Net Settlement Service Agent in UAE

01/05/2026

Visa, a world leader in digital payments, has appointed Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, as its official National Net Settlement Serv

Trade Arabia

Ghitha Holding records strong revenue of $441m for Q1

01/05/2026

Ghitha Holding, a subsidiary of 2PointZero, has announced its consolidated financial results for the three-month period ended March 31, 2026.

During the period, revenue grew by 23% YoY to AE

Trade Arabia

EasyLease posts solid revenue growth for Q1

01/05/2026

EasyLease, a subsidiary of Abu Dhabi-based IHC and a leading provider of integrated mobility solutions, has reported a strong performance for the first quarter delivering solid revenue growth and a s

Trade Arabia