Middle East Healthcare Company Announces about the Actual Operation Date of Its Saudi German Hospital in Dammam

19 January 2020

Introduction	Introduction In connection to the announcement that the company made on Tadawul website on 07/10/1440H corresponding to 10/06/2019 about the completion of the construction work for its Saudi German Hospital in Dammam Middle East Healthcare Company announces that it has received the final license from the Ministry of Health on Thursday 21/05/1441H corresponding to 16/01/2020 to operate its Saudi German Hospital in Dammam with a bed capacity of 150 beds. All the required tests related to the medical systems construction systems availability of all required medical and administrative staff has been done to enable actual operation of the hospital to begin. Based on this the company is announcing that it will start receiving patients in Saudi German Hospital in Dammam located on King Fahad District Airport Road from Saturday 07/06/1441H corresponding to 01/02/2020.
Previous Announcement	Saudi German Hospital Project in Dammam
Date of Previous Announcement on Tadawul's Website	2019-06-10 Corresponding to 1440-10-07
Progress	100%
Event's Expected Completion Date	01/02/2020
Expenses Related to the Event, Whether They Changed or Not and Justification	NO
Additional Information	The company has borne all the expenses before the operation and will continue to bear all projected expenses after operation begins. Disclosure will be done on any financial updates during the quarterly financial results.