# 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.

- Canonical URL: https://newsverum.com/en/news/almoosa-health-bec-arabia-khobar-hospital-mechanical-electrical-contract-september-2026
- Publisher: Newsverum
- Section: Infrastructure
- Country: Saudi Arabia
- Published: 2026-10-05T09:37:37+00:00
- Updated: 2026-10-07T00:50:34+03:00
- Event / data period: 2026-09-21
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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.

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.

| label | value | unit | period | basis |
|---|---|---|---|---|
| Contract value, excluding VAT | 781656783 | SAR | 2026-09-22 | observed |
| Contract duration | 24 | months | 2026-09-22 | observed |

Sources: <https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=98236&anCat=1&cs=4018&locale=en> · Download data: [JSON](https://newsverum.com/api/v1/articles/almoosa-health-bec-arabia-khobar-hospital-mechanical-electrical-contract-september-2026/data/contract-figures?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/almoosa-health-bec-arabia-khobar-hospital-mechanical-electrical-contract-september-2026/data/contract-figures?lang=en&format=csv)

## Sources

- [Almoosa Health Company via Saudi Exchange](<https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=98236&anCat=1&cs=4018&locale=en>) (Source checked: 2026-10-04; Published: 2026-09-22)

## Correction history

- 2026-10-07T00:50:34+03:00: German and Portuguese editions and translations of the data and correction explanations have been added to this article.

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