Specialized Medical Co. (4019)

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News

28 September 11:05 AM SMC Healthcare inks construction contract for SMC 3 Hospital

Riyadh – Mubasher: Specialized Medical Company (SMC Healthcare) inked a contract with Maharat Al Injaz Company Limited to execute the foundation and structural construction works for the SMC 3 Hospital. Under the terms of the agreement, Maharat Al …

Companies Investments

4 August 08:16 PM SMC Healthcare’s net profits cross SAR 45m in Q2-26

Riyadh – Mubasher: Specialized Medical Company (SMC Healthcare) logged net profits amounting to SAR 45.18 million for the second quarter (Q2) of 2026, an annual growth of 24.25% from SAR 36.36 million during the same period last year. The …

Company News

27 July 08:34 AM SMC Healthcare issues update regarding deal with Ministry of Health

Riyadh – Mubasher: Al Mukhtas Al Sehi Medical, a subsidiary of Specialized Medical Company (SMC Healthcare), officially signed a contract with the Saudi Ministry of Health to manage and operate the SABIC Specialist Hospital for Behavioral Care. …

Company News

26 July 05:44 PM SMC Healthcare rolls out deal to operate SABIC Specialist Hospital

Riyadh – Mubasher: Specialized Medical Company (SMC Healthcare) signed a contract with the Saudi Ministry of Health to manage and operate the SABIC Specialist Hospital for Behavioral Care. The agreement follows an initial award notice received by …

Company News

18 June 11:20 AM SMC Healthcare announces SAR 3.8bn project award for SABIC Specialist Hospital

Riyadh – Mubasher: Specialized Medical Company (SMC Healthcare) has announced that its subsidiary, Al Mukhtas Al Sehhi Medical, has been awarded a major contract by the Saudi Ministry of Health for the management and operation of the SABIC …

Company News

20 May 06:47 PM Major shareholder in SMC Healthcare plans equity reorganization

Riyadh – Mubasher: Specialized Medical Company (SMC Healthcare) has received an official notification from Al Thumad Trading Company regarding a significant reorganization of its equity position. The major shareholder, which currently controls a …

Company News

18 May 02:04 PM SMC Healthcare’s OGM greenlights SAR 80m dividends for 2025

Riyadh - Mubasher: The ordinary general meeting (OGM) of Specialized Medical Company (SMC Healthcare) approved the board’s recommendation to distribute a cash dividend totaling SAR 80 million for 2025. The group will pay a dividend of SAR 0.32 per …

Board of Directors

23 December 2025 03:33 PM SMC Healthcare inks agreement with BLME Capital for SAR 413m real estate fund

Riyadh - Mubasher: Specialized Medical Company (SMC Healthcare) has signed an agreement with BLME Capital Company, a subsidiary of Bank of London and The Middle East plc, to launch Al Wadi Real Estate fund. The penned deal also covet the transfer …

Real estate

22 October 2025 11:19 AM SMC Healthcare to operate 1st outpatient clinic center in Riyadh

Riyadh - Mubasher: Specialized Medical Company (SMC Healthcare) plans to launch its first outpatient clinic center in Al Malqa district in the northwestern region of Riyadh. The new center is set to begin operations in the first quarter (Q1) of …

Companies Investments

20 October 2025 08:14 AM Specialized Medical obtains SAR 1.1bn financing from SAB

Riyadh - Mubasher: Specialized Medical Company (SMC) signed a Sharia-compliant credit facility agreement with Saudi Awwal Bank (SAB) totaling SAR 1.10 billion on 15 October. The deal includes a long-term facility of SAR 800 million and a …

Banking and Finance

26 June 2025 01:13 PM EFG Hermes leads Specialized Medical’s debut on Tadawul

Mubasher: EFG Hermes, an EFG Holding Company, closed its advisory on the $500 million initial public offering (IPO) of Specialized Medical Company (SMC), marking its third IPO in the healthcare sector over the past 12 months. The company began …

Banking and Finance

24 June 2025 10:51 AM Specialized Medical Company to start trading on Tadawul this week

Riyadh – Mubasher: Specialized Medical Company (SMC) is set to begin the listing and trading of its shares on the Main Market of the Saudi Exchange (Tadawul) on Wednesday, 26 June 2025. The Saudi firm will float 75 million shares, equivalent to …

Companies Investments