Dallah Healthcare Company obtained long-term financing from the Project Support Fund of the Saudi Ministry of Finance, with a value of 357.48 million riyals.
According to Arabiya Net, the company said in a statement that the financing term is 10 years and is to be paid in 16 semi-annual installments.
It added that it took the financing with a two-year guarantee for an order submitted by the Dallah Health Services Company in favor of the Saudi Ministry of Finance with the value of the financing granted, in addition to mortgaging the title deed of the land of Dallah Namar Hospital.< /p>
She explained that the aim of the financing is to help the loan complete and equip the clinics building at Dallah Namar Hospital, which will lead to raising the hospital's capacity for clinics and beds, which will positively affect the revenues The hospital.
The loan also aims to refinance the construction and equipment of Dallah Namar Hospital, which will improve the company's capital cycle and cash flow.
