Riyadh - Mubasher: Scientific & Medical Equipment House Company won a SAR 260.98 million contract from the Ministry of Human Resources and Social Development (HRSD) on 1 January 2026.
The 24-month contract involves supplying uncooked catering items to the ministry’s residential branches across all regions of Saudi Arabia, according to a bourse disclosure.
It also includes providing cooked catering services to selected anti-begging offices for groups: first, second, third, fourth, fifth, and sixth.
Meanwhile, the financial impact of the project is expected to begin in the fourth quarter (Q4) of 2026.
In December 2025, Scientific & Medical Equipment secured approval from the Ministry of Health – General Diwan for a SAR 100 million project aimed at upgrading and modernizing the infrastructure of King Fahd Hospital in Al Baha.