| Element List | Explanation |
|---|
| Introduction | Dallah Healthcare Company announces a project to build a new hospital on its own land in the crossing of Abu Bakr Al-Siddiq Road with Prince Saud Bin Abduallah bin Jalawi in Riyadh-Al-Arid district, with an area of (45,000 square meters). |
The establishment of the hospital shall be with a total estimated built-up area of (87,300 square meters) and a capacity of (250) beds with possibility to expand.
| Project Start Date | It is expected that the excavation and preparation of the project site will commence in the coming days, and that the project's implementation will commence in the third quarter of the year 2023 after obtaining the necessary approvals. |
| Project Cost | Any updates will be disclosed accordingly. |
| Financing method for the project | Through company's resources & long-term facilities |
| Expected completion date of the project | After getting the regulatory approvals of the competent authorities in the fourth quarter of 2025, |
| Expected Impact on the Company’s Financial Results | Any updates will be disclosed accordingly. |
| Expected Date on Which the Impact on the Financial Results of the Company will Start | Any updates will be disclosed accordingly. |
| Expected Date for the Pilot Production of the Project to Begin | N/A |
| Duration of the pilot production of the project | N/A |
| Expected date for the commercial production of the project | N/A |
| Executing Party/Counter Party in the Project/Contract | Any updates will be disclosed accordingly. |
| Related Parties | There are no related parties. |
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