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Middle East Healthcare Company (Saudi German Health) received final Ministry of Health licensing to commence operations at its new outpatient clinics complex in the Al Taawun District of Riyadh.
The facility consists of 16 clinics across various medical specialties and is scheduled to begin operations on March 2, 2026.
The company expects the financial impact of the new complex to be reflected in its results starting from the first quarter of 2026.

Element List	Explanation
Previous Announcement	Middle East Healthcare Company (Saudi German Health) Announcement Regarding the Board of Directors’ Approval to Open an Outpatient Clinics Complex in Riyadh
Date of Previous Announcement on Saudi Exchange’s Website	2025-03-03 Corresponding to 1446-09-03
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	With reference to Middle East Healthcare Company (Saudi German Health)’s announcement published on the Saudi Exchange (Tadawul) website on 03/03/2025G corresponding to 03/09/1446H, regarding the Board of Directors’ resolution approving the establishment of an outpatient clinics complex in Al Taawun District, Riyadh, the Company announces that the complex has obtained the final license from the Ministry of Health to commence medical operations, with a capacity of (16) clinics covering various medical specialties. The Company further announces the commencement of operations starting Monday, 13/09/1447H corresponding to 02/03/2026G. The Company confirms its operational readiness to receive patients during the upcoming period, supporting its operational expansion plans and enhancing the scope of its healthcare services.
The costs associated with the event, and if they have changed or not with indication of the reasons.	The financial impact will be reflected in the Company’s results starting from the first quarter of 2026.
Delay consequences on the Company’s financial results	Not applicable

Announcement by Middle East Healthcare Company (Saudi German Health) Regarding the Latest Developments Related to the Board of Directors’ Resolution to Establish an Outpatient Clinics Complex in Riyadh City