03/11/2013 17:33 AST

National Medical Care Company announces about the preparation for prospective opening of the phase one of National Hospital expansion project during the next week as a start of soft opening of hospital facilities of the new buildings. However, readiness of commercial operation for the entire project and financial impact will be announced later. This project has been already announced via the IPO prospectus in accordance with the company expansion plan, which stated the establishment of the new hospital with 200 beds in addition to 100 beds in the existing building. The new hospital is being built with the highest possible designs, equipment, and talented staff. As well, this expanded hospital is a noteworthy enhancement in hospital activities and quality of the provided medical services. Besides, the cost of the project is funded by the company sources, MOF loan, bank loan in compliance with Islamic law, and part of IPO proceeds.


Tadawul

NMCC launches initial public offer

03/02/2013

National Medical Care Co. (NMCC) has signed an agreement with Riyad Capital on Saturday to manage its initial public offering (IPO) of 13.5 million shares, representing 30.1 percent of the company's

Saudi Gazette

Ticker Price Volume
CARE Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
SULAIMANALHABIB 285.20 1.60 (0.56%)
MOUWASAT 73.90 -0.10 (-0.14%)
DALLAHHEALTH 124.20 -1.40 (-1.12%)
FAKEEHCARE 45.90 0.30 (0.65%)
AME 120.40 -0.20 (-0.17%)
Adnoc Distribution to operate 500 high-power EV chargers by 2028

26/04/2025

Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p

Trade Arabia

Saudi Awwal Bank signs SR2 billion credit facility with Saudi Binladin Group

25/04/2025

Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,

Saudi Gazette

Dubai logistics firm Aramex CEO Othman AlJeda resigns

24/04/2025

The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.

The change at the top comes just weeks after Abu Dhabi

Gulfnews

UAE banks continue to hit high growth in Q1-2025, with ADIB's net profit at D1.9b

24/04/2025

The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.

Gulfnews

Salalah Port welcomes eco-friendly container ships

24/04/2025

Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom

Times of Oman