Dr. Soliman Abdel Kader Fakeeh Hospital Co. Announces Contract Sign Off with Dr. Soliman Fakeeh Medical Hospital Company Masar ("DSFH-Masar") and Advanced Horizons Contracting Company (AHC).
Dr. Soliman Abdulkader Fakeeh Hospital Company ("DSFH") and its subsidiaries ("Fakeeh Care Group", "Group", "Fakeeh Care" is pleased to announce that it’s subsidiary company Dr. Soliman Fakeeh Medical Hospital Company Masar ("DSFH-Masar") has signed a contract with Advanced Horizons Contracting Company (AHC), also a subsidiary of the Group, for shoring, dewatering, and excavation works for the new Dr. Soliman Fakeeh Hospital MASAR in Makkah.
Date of Announcement of the Award
2025-02-26 Corresponding to 1446-08-27
Contract Subject Matter
The execution of shoring, dewatering, and excavation works as part of the preparatory construction phase of Dr. Soliman Fakeeh Hospital Masar, Makkah.
The Entity with Which the Contract was Signed
Dr. Soliman Fakeeh Medical Hospital Company Masar ("DSFH-Masar") and Advanced Horizons Contracting Company (AHC).
Date of Signing the Contract
2025-02-26 Corresponding to 1446-08-27
Contract Value
SAR 21,550,532
Contract Details
This contract covers the excavation, stabilization, and water management required for the foundation and groundwork of Dr. Soliman Fakeeh Hospital Masar ("DSFH-Masar").
Contract Duration
270 days
Financial Impact and the Relevant Period
It is expected that the contract will affect the Group's financial results over the contract duration.
Related Parties
Both Dr. Soliman Fakeeh Medical Hospital Company Masar ("DSFH-Masar") and Advanced Horizons Contracting Company (AHC) are wholly owned subsidiaries of Dr. Soliman Abdulkader Fakeeh Hospital Company ("DSFH").
Additional Information
NA
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