Alandalus Property Co. and Dr. Sulaiman Al Habib Medical Services Group said that Al-Fayhaa Hospital in Jeddah will open doors and start phased operations on March 31.
The final license was obtained from the Ministry of Health on March 23, both companies said in separate statements to Tadawul.
They also announced the completion of testing phases, with the necessary medical, nursing, technical, and administrative staff provided.
Sulaiman Al Habib expected the financial impact of this hospital to show in Q2 2024.
On the other hand, Alandalus said the project aligns with its strategy that aims to diversify the company’s investment activities, and enter into distinguished partnerships and promising projects.