RIYADH: Dallah Healthcare Co. is set to increase its ownership in International Medical Center Co. to 27.2 percent by acquiring an additional SR712 million ($190 million) stake in a bid to expand its footprint in Jeddah. It signed a deal with Kun Investment Holding Co., which held nearly 19 percent of IMC’s capital, to fully transfer its stake to Dallah Health, a bourse filing
RIYADH: Saudi Dallah Health Co. has seen the number of patients increase from about 715,000 in 2012 to more than 1.7 million by 2021, boosting the healthcare scenario in the region. Speaking to Arab News, Tarek Othman Alkasabi, chairman of the Board of Directors at Dallah Health, said the increase in healthcare services could be attributed to its expansion from a single
RIYADH: Saudi Arabia’s stock exchange finished higher for the third straight session on Tuesday as investor sentiment boosted amid a wave of record highs for the Kingdom’s stocks. Both the main and parallel indexes advanced. At closing bell, TASI rose 1.5 percent to 11,844 points, and the parallel Nomu market was up 1.2 percent to 26,144 points. TASI led the GCC, followed by
Dallah Health, a leading healthcare provider serving more than 1.5 million patients annually, is completing the SR70 million ($18.66 million) first phase of its renovation of Dallah Al Nakheel Hospital in Riyadh.