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Arabian International Healthcare Holding Co. (Tibbiyah) announced that its wholly owned subsidiary, International Medical Supplies Co. (Premma Health), has secured a SAR 67.87 million contract with the Ministry of National Guard Health Affairs (MNGHA). Under this 540-day agreement, the subsidiary will supply specialized orthopedic and spine medical products.
This contract win reinforces Tibbiyah's footprint within the Saudi healthcare sector and secures a strong revenue pipeline for the company. Financial impact from this contract is expected to materialize starting in the third quarter of 2026, contributing positively to the firm's long-term earnings potential and business expansion strategy.
For investors tracking Saudi equities and the healthcare segment on Tadawul, this agreement underscores the continued government spending on national health infrastructure. Market participants will likely watch for execution milestones and additional healthcare supply tenders under Saudi Arabia's Vision 2030 framework.
