Mouwasat expects to finalise construction phase for new hospital in Khobar in 3Q17
Al Mouwasat Medical Services Company(4110.SE) expects the construction phase for the new hospital in Khobar to finalise in 4Q17 (that will include 220 beds and 75 clinics), according to the company’s managing director, Mohammed BinSuliman Al-Saleem in a telephone interview with CNBCE Arabia. Al Saleem added that the company would need additional time after the construction phase for sourcing the medical devices and equipment. (Argaam, CNBC Arabia) Mouwasat Medical Services: SAR113.93 as of 19 October 2016, Rating: Buy, FV: SAR151.50 per share, MCap: USD1,519mn, MOUWASAT AB / 4002.SE
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