| Element List | Explanation |
|---|---|
| Announcement Detail | Lana Company announces the signing of a strategic partnership agreement with Kidney Care Company, a leading provider of dialysis services, led by a number of Saudi consultants. The agreement aims to establish and operate specialized dialysis centers within the Kingdom of Saudi Arabia This agreement follows the announcement of the final results of the dialysis services tender issued by the National Unified Procurement Company (NUPCO). Lana Company was selected as one of the winning companies awarded the contract to provide dialysis services within specialized clinics at hospitals and centers, in addition to home dialysis services (home care) The agreement aims to support the company's operational readiness to implement related work according to approved medical standards, using modern equipment and technologies, and under the supervision of qualified medical personnel The plan is to begin by establishing and equipping the first center in Riyadh, with phased expansion to several regions of the Kingdom of Saudi Arabia according to approved operational plans The financial impact of the agreement will depend on the size and scope of the work to be carried out under the relevant contracts and projects. Any material financial impact will be announced in due course, in accordance with applicable regulations and instructions The company confirms that this step comes within its strategy to expand in the specialized health services sector and enhance its presence in the field of providing healthcare services within the Kingdom of Saudi Arabia |