RIYADH: Arabian International Healthcare Holding Co. suffered losses of SR21 million ($6 million) during the first half of the year from profits of SR5.1 million in the prior-year period. Also known as Tibbiyah, its revenues plummeted 14 percent to SR215 million in the first half, a bourse filing shows. Tibbiyah has attributed the poor performance to disruptions in the global
RIYADH: Arabian International Healthcare Holding Co., known as Tibbiyah, signed a joint venture agreement with BGI Almanahil Health for Medical Services to establish a limited liability firm under the name of Saudi Advanced Medical Lab. This new firm, 50-50 owned by Tibbiyah and BGI Almanahil, will provide testing and bio-information services for clinical laboratories,
RIYADH: Arabian International Healthcare Holding Co., known as Tibbiyah, signed a joint venture agreement with European Unilabs diagnostics AB to form and operate a limited liability firm under the name of Saudi European Diagnostics Co. The new firm SEDC, which will provide diagnostic imaging services in the Kingdom, will be owned 51 percent by Unilabs and 49 percent by
RIYADH: Saudi Arabian stocks gained on Wednesday, supported by a rise in oil prices despite ongoing concerns over a potential global recession. The main index TASI advanced 0.5 percent to reach 11,727, while the parallel market, Nomu, added 1.8 percent to 20,728. TASI was lifted by a 0.9 percent rise in oil giant Aramco and a 2.9 percent surge in the Kingdom’s biggest lender
RIYADH: Saudi-based Arabian International Healthcare Holding Co., known as Tibbiyah, has got the General Authority for Competition’s approval to acquire a 51 percent stake in UAE’s Innovative Healthcare Co. Operating as a holding company, Tibbiyah, through its subsidiaries, offers medical systems, healthcare equipment, and medical supplies in the Kingdom. The authority also