Twareat Medical Secures SAR 38.8M JHAH Contract
TMC 9627.SA | 0.00 |
On April 20, 2026, Twareat Medical Care Co. announced the signing of a contract with Johns Hopkins Aramco Healthcare (JHAH) on April 16, 2026, to provide operational and administrative workforce support services. The contract has an estimated value of SAR 38,783,223 over three years, with the possibility of extension for up to an additional two years. The agreement covers the provision of medical and non-medical staff, including non-clinical physicians, nursing staff, administrative support, and data analysts to support utilization management operations. The contract is expected to positively impact the company's revenues starting from Q2 2026, with actual revenues dependent on purchase order volumes issued during the contract term.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94541&anCat=1&cs=9627&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.
