{"article":{"annotation":{"article_id":"smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026","available_at":"2026-10-06T23:11:20.789167Z","geography_revision":"ef6ee0010dda5fe7b240fd514749b43e214c57da73222d2e40ec83b276dd0977","id":"b7fd4092cde638426ebaab2afef9af5de90f41d0a64a7920695cd48a2b4249f9","input_sha256":"6e4933479ac7f303516da4296962c719971b379b57af11983167a764ea0c8439","limitations":["Rule-derived subjects are candidates, not verified editorial labels or calibrated model probabilities.","Coverage is distinct from event location. Unknown country/city/coordinates remain absent; no automatic geocoding.","Article geometries keep their stated precision and methodology; reproducing them is not independent coordinate verification."],"method":"controlled-rules-v1","places":[{"admin1":null,"city":null,"coordinate_note":null,"coordinate_reference_system":"OGC:CRS84","coordinate_source":null,"country":"SA","evidence":[{"field":"country","language":"en","note":"Explicit preserved editorial country/region; no city or national centroid inferred","source_urls":["https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=98286&anCat=1&cs=4019&locale=en"]}],"geometry":null,"id":"iso3166-1:SA","kind":"country-or-area","labels":{"ar":"المملكة العربية السعودية","en":"Saudi Arabia","es":"Arabia Saudita","fr":"Arabie saoudite"},"match_status":"candidate","precision":"regional","role":"coverage","uncertainty_m":null}],"rules_sha256":"d28c9c89703b56bd91fd887965d416d0115c2473d4bfbd3e558bcceafc3941dd","schema_version":1,"subjects":[{"concept_id":"medtop:20000461","confidence":null,"confidence_method":null,"evidence":[{"field":"en.title+en.summary","language":"en","note":"Subject suggested from the title or summary: hospital","source_urls":["https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=98286&anCat=1&cs=4019&locale=en"]}],"method":"controlled-rules-v1","rule_id":"health-facilities","status":"candidate"},{"concept_id":"medtop:20001245","confidence":null,"confidence_method":null,"evidence":[{"field":"category+topics","language":"en","note":"Preserved editorial category/topic; broad candidate only","source_urls":["https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=98286&anCat=1&cs=4019&locale=en"]}],"method":"controlled-rules-v1","rule_id":"infrastructure-broad","status":"candidate"}],"taxonomy_revision":"1f2db31d811fca07e99b16d402c10e2cc2965c9df1c7b41d9be348b40a24e7fb","taxonomy_version":"IPTC Media Topics 2026-Q2"},"api_url":"https://newsverum.com/api/v1/articles/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026?lang=en","category":"infrastructure","content":{"key_points":[],"paragraphs":["Specialized Medical Company (SMC Healthcare) announced on 28 September 2026 that it signed a contract on 27 September 2026 with Maharat Al Injaz Company Limited. The contract covers the foundation, construction and full structural works of the SMC3 Hospital project on the Northern Ring Road in Riyadh. Its value is SAR 148,447,428.50, excluding VAT.","The works follow the approved drawings, specifications and bill of quantities, and the contract runs for 360 calendar days from site handover. SMC3 is designed with 296 beds and 200 outpatient clinics, and the company said it will include a helipad for emergency services and the transfer of critically ill patients. The company said it will finance the project through internal resources and/or bank facilities, as required, and that no related parties are involved.","SMC Healthcare expects construction of SMC3 to be completed in the fourth quarter of 2028. It said the project’s main financial impact on its results should begin when the hospital starts operating, which it also expects in the fourth quarter of 2028."],"sections":[]},"corrections":[{"at":"2026-10-07T00:56:35+03:00","language":"en","text":"German and Portuguese editions and translations of the data and correction explanations have been added to this article."}],"country":"SA","data":{"blocks":[{"description":{"ar":"قيمة العقد ومدته والسعة التصميمية كما وردت في إعلان اس ام سي للرعاية الصحية على السوق المالية السعودية (تداول) بتاريخ 28 سبتمبر 2026.","de":"Vertragswert, Laufzeit und geplante Kapazität laut Mitteilung von SMC Healthcare an der Saudi Exchange vom 28. September 2026.","en":"Contract value, duration and design capacity stated in SMC Healthcare’s Saudi Exchange announcement of 28 September 2026.","es":"Valor del contrato, plazo y capacidad de diseño indicados en el anuncio de SMC Healthcare a la Bolsa saudí (Saudi Exchange) del 28 de septiembre de 2026.","fr":"Valeur du contrat, durée et capacité de conception indiquées dans l’annonce de SMC Healthcare à la Bourse saoudienne (Saudi Exchange) du 28 septembre 2026.","pt":"Valor, prazo e capacidade projetada informados no comunicado da SMC Healthcare à Saudi Exchange de 28 de setembro de 2026.","tr":"SMC Healthcare’in 28 Eylül 2026 tarihli Saudi Exchange duyurusunda belirtilen sözleşme bedeli, süre ve tasarım kapasitesi."},"id":"contract-figures","items":[{"basis":"observed","label":{"ar":"قيمة العقد (غير شاملة ضريبة القيمة المضافة)","de":"Vertragswert ohne Mehrwertsteuer","en":"Contract value, excluding VAT","es":"Valor del contrato, sin IVA","fr":"Valeur du contrat, hors TVA","pt":"Valor do contrato, sem IVA","tr":"Sözleşme bedeli (KDV hariç)"},"measure":{"aggregation":"stock","frequency":"irregular","geography":"riyadh","id":"smc3-hospital-structural-works-contract-value","periodRole":"announcement-date","unitCode":"sar"},"period":"2026-09-28","unit":"SAR","value":148447428.5},{"basis":"observed","label":{"ar":"مدة العقد من تاريخ استلام الموقع","de":"Vertragslaufzeit ab Übergabe des Baugeländes","en":"Contract duration from site handover","es":"Duración del contrato desde la entrega del emplazamiento","fr":"Durée du contrat à compter de la remise du site","pt":"Prazo do contrato a partir da entrega do terreno","tr":"Saha tesliminden itibaren sözleşme süresi"},"measure":{"aggregation":"stock","frequency":"irregular","geography":"riyadh","id":"smc3-hospital-contract-duration","periodRole":"announcement-date","unitCode":"day"},"period":"2026-09-28","unit":"calendar days","value":360},{"basis":"target","label":{"ar":"أسرّة المستشفى حسب التصميم","de":"Geplante Krankenhausbetten","en":"Designed hospital beds","es":"Camas hospitalarias de diseño","fr":"Lits prévus à la conception","pt":"Leitos hospitalares projetados","tr":"Tasarlanan hastane yatağı"},"measure":{"aggregation":"stock","frequency":"irregular","geography":"riyadh","id":"smc3-hospital-beds","periodRole":"announcement-date","unitCode":"count"},"period":"2026-09-28","unit":"beds","value":296},{"basis":"target","label":{"ar":"العيادات الخارجية حسب التصميم","de":"Geplante ambulante Kliniken","en":"Designed outpatient clinics","es":"Consultorios externos de diseño","fr":"Cliniques de consultation externe prévues","pt":"Clínicas ambulatoriais projetadas","tr":"Tasarlanan poliklinik sayısı"},"measure":{"aggregation":"stock","frequency":"irregular","geography":"riyadh","id":"smc3-hospital-outpatient-clinics","periodRole":"announcement-date","unitCode":"count"},"period":"2026-09-28","unit":"clinics","value":200}],"methodology":{"ar":"قيمة العقد هي المبلغ الذي أعلنته الشركة دون ضريبة القيمة المضافة. وتُحسب مدة 360 يومًا من تاريخ استلام الموقع وتخص هذا العقد وحده. أما الأسرّة والعيادات فهي السعة التصميمية للمستشفى، لا سعة منفذة أو قيد التشغيل.","de":"Der Vertragswert entspricht dem vom Unternehmen genannten Betrag ohne Mehrwertsteuer. Die Laufzeit von 360 Tagen beginnt mit der Übergabe des Baugeländes und gilt nur für diesen Vertrag. Betten und Kliniken bezeichnen die geplante Krankenhauskapazität, nicht eine bereits gebaute oder betriebene Kapazität.","en":"The contract value is the amount stated by the company, excluding VAT. The 360-day duration counts from site handover and applies to this contract only. Beds and clinics are the hospital’s design capacity, not built or operating capacity.","es":"El valor del contrato es el importe indicado por la empresa, sin IVA. El plazo de 360 días se cuenta desde la entrega del emplazamiento y se aplica solo a este contrato. Las camas y los consultorios son la capacidad de diseño del hospital, no una capacidad construida ni en funcionamiento.","fr":"La valeur du contrat est le montant indiqué par la société, hors TVA. La durée de 360 jours court à compter de la remise du site et ne concerne que ce contrat. Les lits et les cliniques correspondent à la capacité de conception de l’hôpital, et non à une capacité construite ou en exploitation.","pt":"O valor do contrato é o montante informado pela empresa, sem IVA. O prazo de 360 dias começa na entrega do terreno e se aplica apenas a este contrato. Leitos e clínicas são capacidades projetadas do hospital, não capacidades já construídas ou em operação.","tr":"Sözleşme bedeli, şirketin açıkladığı KDV hariç tutardır. 360 günlük süre saha tesliminden itibaren işler ve yalnızca bu sözleşme için geçerlidir. Yatak ve poliklinik sayıları hastanenin tasarım kapasitesidir; inşa edilmiş veya işletmedeki kapasite değildir."},"sourceUrls":["https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=98286&anCat=1&cs=4019&locale=en"],"title":{"ar":"أرقام العقد","de":"Vertragskennzahlen","en":"Contract figures","es":"Cifras del contrato","fr":"Chiffres du contrat","pt":"Dados do contrato","tr":"Sözleşme rakamları"},"type":"metrics","updatedAt":"2026-10-07T00:56:35+03:00"}],"version":1},"data_downloads":[{"formats":{"csv":"https://newsverum.com/api/v1/articles/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026/data/contract-figures?lang=en&format=csv","json":"https://newsverum.com/api/v1/articles/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026/data/contract-figures?lang=en&format=json"},"id":"contract-figures"}],"data_types":["metrics"],"editorial_illustration":{"alt":"Conceptual illustration of transport, bridges and infrastructure 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illustration of transport, bridges and infrastructure connections.","asset_id":"newsverum-v1-infrastructure","avif_variants":[{"height":320,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/infrastructure-480.avif","width":480},{"height":480,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/infrastructure-720.avif","width":720},{"height":640,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/infrastructure-960.avif","width":960},{"height":800,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/infrastructure-1200.avif","width":1200},{"height":1024,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/infrastructure-1536.avif","width":1536}],"credit":"Newsverum","documentary":false,"height":1024,"kind":"symbolic-editorial-illustration","language":"en","scope":"section","url":"https://newsverum.com/assets/newsverum/illustrations/v1/infrastructure-1536.webp","variants":[{"height":320,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/infrastructure-480.webp","width":480},{"height":640,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/infrastructure-960.webp","width":960},{"height":1024,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/infrastructure-1536.webp","width":1536}],"width":1536},"slug":"smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026","sources":[{"checkedAt":"2026-10-04","name":"Specialized Medical Company (SMC Healthcare) via Saudi Exchange","publishedAt":"2026-09-28","url":"https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=98286&anCat=1&cs=4019&locale=en"}],"summary":"SMC Healthcare signed a SAR 148,447,428.50 contract, excluding VAT, with Maharat Al Injaz on 27 September 2026 for foundation, construction and structural works at the planned 296-bed SMC3 Hospital in Riyadh.","text":"SMC Healthcare signed a SAR 148,447,428.50 contract, excluding VAT, with Maharat Al Injaz on 27 September 2026 for foundation, construction and structural works at the planned 296-bed SMC3 Hospital in Riyadh.\n\nSpecialized Medical Company (SMC Healthcare) announced on 28 September 2026 that it signed a contract on 27 September 2026 with Maharat Al Injaz Company Limited. The contract covers the foundation, construction and full structural works of the SMC3 Hospital project on the Northern Ring Road in Riyadh. Its value is SAR 148,447,428.50, excluding VAT.\n\nThe works follow the approved drawings, specifications and bill of quantities, and the contract runs for 360 calendar days from site handover. SMC3 is designed with 296 beds and 200 outpatient clinics, and the company said it will include a helipad for emergency services and the transfer of critically ill patients. The company said it will finance the project through internal resources and/or bank facilities, as required, and that no related parties are involved.\n\nSMC Healthcare expects construction of SMC3 to be completed in the fourth quarter of 2028. It said the project’s main financial impact on its results should begin when the hospital starts operating, which it also expects in the fourth quarter of 2028.\n\nGerman and Portuguese editions and translations of the data and correction explanations have been added to this article.","title":"Maharat Al Injaz signs structural works contract for SMC3 hospital in Riyadh","topics":["epc-contractors"],"translations":[{"api_url":"https://newsverum.com/api/v1/articles/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026?lang=tr","language":"tr","url":"https://newsverum.com/tr/news/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026?lang=en","language":"en","url":"https://newsverum.com/en/news/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026?lang=ar","language":"ar","url":"https://newsverum.com/ar/news/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026?lang=fr","language":"fr","url":"https://newsverum.com/fr/news/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026?lang=es","language":"es","url":"https://newsverum.com/es/news/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026?lang=de","language":"de","url":"https://newsverum.com/de/news/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026?lang=pt","language":"pt","url":"https://newsverum.com/pt/news/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026"}],"url":"https://newsverum.com/en/news/smc-healthcare-maharat-al-injaz-smc3-hospital-riyadh-construction-contract-september-2026"},"version":"1"}