Logo of Mouwasat Medical Services Co.

Mouwasat Medical Services Co. received the competent authorities’ approval to operate the expansion building for Mouwasat Hospital in Dammam, the company said in a statement to Tadawul today, Nov. 28.

 

Accordingly, the company announced the start of actual operations of the new building as of Wednesday, Dec. 1.

 

Mouwasat expects an increase in the revenues of Dammam hospital and thus the operational results will be positively affected as of Q4 2021.

 

The company will disclose any financial development in due course.

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