BEC Arabia signs mechanical and electrical works contract for Al Khobar hospital
Almoosa Health signed a SAR 781,656,783 contract, excluding VAT, with BEC Arabia Contracting Company on 21 September 2026 for mechanical and electrical works at the Almoosa Specialized Hospital in Al Khobar, due within 24 months.
Event / data period: 2026-09-21
Published: · Updated:
Almoosa Health Company announced on 22 September 2026 that it signed a contract dated 21 September 2026 with BEC Arabia Contracting Company. The contract covers the mechanical and electrical works for the Almoosa Specialized Hospital project in Al Khobar. Its value is SAR 781,656,783, excluding VAT.
The works are to follow the approved engineering drawings and technical specifications. The company said execution will start immediately and the project is expected to be completed within 24 months. It said it intends to finance the project from its own resources and long-term Shariah-compliant facilities from local banks.
Almoosa Health said the financial impact of the contract is expected to begin once the hospital is completed and operating, and that no related parties are involved.
Data
Contract figures
Contract value and duration stated in Almoosa Health’s Saudi Exchange announcement of 22 September 2026.
- Contract value, excluding VAT
- 781,656,783 SAR
- 2026-09-22 · Observed
- Contract duration
- 24 months
- 2026-09-22 · Observed
Methodology
The value is the amount stated by the company, excluding VAT. The 24-month figure is the contract duration the company stated, within which it expects the project to be completed.
Updated:
Subjects and places
Subject proposals
- Health facilitySuggested
- Subject suggested from the title or summary: hospitalwww.saudiexchange.sa ↗
- Infrastructure projectsSuggested
- Preserved editorial category/topic; broad candidate onlywww.saudiexchange.sa ↗
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- Saudi Arabia · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.saudiexchange.sa ↗