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 Hospital expands inpatient capacity by 60%, adds 42 clinics

07/09/2026

Al-Modawat Specialized Medical Company is expanding the inpatient capacity of Al-Modawat Hospital by 60% as part of a wider expansion programme driven by high demand.

The expansion of the in

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 231.50 -0.90 (-0.39%)
MOUWASAT 65.55 -1.05 (-1.58%)
FAKEEHCARE 38.60 0.20 (0.52%)
DALLAHHEALTH 82.85 -0.15 (-0.19%)
CHEMICAL 8.24 0.09 (1.10%)
Al-Modawat Hospital expands inpatient capacity by 60%, adds 42 clinics

07/09/2026

Al-Modawat Specialized Medical Company is expanding the inpatient capacity of Al-Modawat Hospital by 60% as part of a wider expansion programme driven by high demand.

The expansion of the in

Trade Arabia

SABIC gets feedstock approval for 1.8m-tonne methanol plant in Jubail

07/09/2026

Saudi Basic Industries Corporation (SABIC) said its subsidiary Saudi Methanol Company (AR-RAZI) has received approval from the Ministry of Energy to allocate the feedstock required to develop a new m

Trade Arabia

OQAE, Asyad sign hydrogen offtake term sheet to advance green mobility

07/09/2026

OQ Alternative Energy (OQAE) and Asyad Group have signed an offtake term sheet to support the deployment of green hydrogen for mobility applications in Oman, marking a step towards linking the countr

Muscat Daily

Al Rajhi Bank completes $600m Tier 2 social sukuk offering

07/09/2026

Al Rajhi Bank has completed a $600 million Tier 2 social sukuk offering, with the 10.5-year certificates carrying an annual return of 6.23 percent.

Settlement is scheduled for Sept. 10, acc

Arab News

NBK elevates Aura Card shopping with premium benefits

07/09/2026

The National Bank of Kuwait (NBK) continues to offer innovative banking solutions that deliver added value to its customers, most prominent of which is its NBK Aura Cards, launched in exclusive partn

Kuwait Times