October 24, 2018 / 6:10 PM / a month ago

NMC Health, Hassana Investment sign agreement to build Saudi healthcare network

Dubai (Reuters) - NMC Health said it has signed an agreement with Hassana Investment Company, the investment arm of the General Organization for Social Insurance (GoSI) of Saudi Arabia, to develop a pan Saudi Arabian network of world-class healthcare facilities.

The memorandum of understanding targets a total investment of 6 billion Saudi riyals and the employment of up to 10,000 staff over the next five years, NMC said in a statement.

Reporting by Saeed Azhar; Editing by Kirsten Donovan

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