{"id":93324,"date":"2025-01-13T00:00:00","date_gmt":"2025-01-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/13\/scientific-medical-equipment-house-lands-sar-100-mn-contract\/"},"modified":"2025-01-13T00:00:00","modified_gmt":"2025-01-13T00:00:00","slug":"scientific-medical-equipment-house-lands-sar-100-mn-contract","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/13\/scientific-medical-equipment-house-lands-sar-100-mn-contract\/","title":{"rendered":"Scientific &#038; Medical Equipment House lands SAR 100 mn contract"},"content":{"rendered":"<p class=\"tag-border-left\">HEALTHCARE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Scientific & Medical Equipment House Co. secured a SAR 99.7 mn contract<\/strong><strong> from Najran Region\u2019s General Directorate<\/strong> of Health Affairs to carry out repairs and maintenance for medical devices and equipment across several hospitals in the Najran region, according to a disclosure on <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=84647&anCat=1&cs=4014&locale=en\" style=\"\" rel=\"noopener\">Tadawul<\/a>. The contract is set to be implemented over a 5-year period, with financial impact expected to commence in the 2Q of 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">FINANCIAL SERVICES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Homegrown payment gateway <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.hyperpay.com\/\" style=\"\" rel=\"noopener\">HyperPay<\/a><\/strong><strong> is now licensed as an Electronic Money <\/strong><strong>Institution<\/strong> by the Saudi Central Bank, it said in a <a target=\"_blank\" href=\"https:\/\/x.com\/HyperPay\/status\/1874403511791767572\/photo\/2\" style=\"\" rel=\"noopener\">post on X<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About HyperPay: <\/strong>Founded in 2014 by Muhannad Ebwini (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/muhannadebwini\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), the MENA-focused platform facilitates payment processing for online businesses, with operations in Saudi Arabia, the UAE, Bahrain, Jordan, and Egypt.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">INFRASTRUCTURE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Enowa + HRS set up hydrogen<\/strong><strong> refuelling station in Neom: <\/strong>Neom\u2019s energy and water company Enowa and France-based <a target=\"_blank\" href=\"https:\/\/www.hydrogen-refueling-solutions.fr\/en\/\" style=\"\" rel=\"noopener\">Hydrogen Refueling Solutions (HRS)<\/a> installed a hydrogen refueling station in Neom, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/1\/584.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The station \u2014 housed at <a target=\"_blank\" href=\"https:\/\/petromin.com\/petromin-to-operate-state-of-the-art-heavy-machinery-service-center-in-neom\/\" style=\"\" rel=\"noopener\">Petromin\u2019s Heavy Machinery & Truck Service Center<\/a> \u2014 will serve hydrogen-powered vehicles, including buses, trucks, and passenger cars.<\/p>\n<p class=\"tag-border-left\">CLIMATE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia <\/strong><strong>now chairs the International Coral Reef Initiative, taking the helm from the <\/strong><strong>US for the 2025-2027 term <\/strong>following an unanimous vote in September\u2019s general meeting, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N2240361\" style=\"\" rel=\"noopener\">state news agency SPA<\/a> reports. Represented by the <a target=\"_blank\" href=\"https:\/\/shams.gov.sa\/\" style=\"\" rel=\"noopener\">General Organization for the Conservation of Coral Reefs and Turtles in the Red Sea (Shams)<\/a>, the Kingdom will lead efforts to expand membership coverage to include 90% of the world\u2019s coral reefs, up from the current 75% represented by 45 countries in the 102-member initiative. The Kingdom will also focus on enhancing monitoring via AI and integrate coral reef management into global frameworks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DEBT WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MESC secures SAR 80 mn financing from SNB:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.mesccables.com\/\" style=\"\" rel=\"noopener\">Middle East Specialized Cables Company<\/a><a target=\"_blank\" href=\"https:\/\/www.mesccables.com\/\" style=\"\" rel=\"noopener\">(Mesc)<\/a> lined up a SAR 80 mn Sharia-compliant loan with the Saudi National Bank (SNB), according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=84648&anCat=1&cs=2370&locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. The cable manufacturer will use the 12-month facility to secure its working capital needs and bank guarantees.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS: HyperPay received license from Sama as an Electronic Money Institution<\/p>\n","protected":false},"author":1,"featured_media":93325,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2564],"tags":[54,3699,10,208,3700,3698,2117,40,100,2985],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-93324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-enowa","tag-enterpriseam-ksa","tag-fintech","tag-hydrogen-refueling-solutions-hrs","tag-hyperpay","tag-middle-east-specialized-cables-company-mesc","tag-national-water-company","tag-neom","tag-scientific-medical-equipment-house","wpautop","entry"],"acf":{"mongo_id":"5a0e0774-6e78-4f80-92c6-c36fd9ed1c6e","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/617.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Scientific & Medical Equipment House lands SAR 100 mn contract","related_issue":[93310],"teaser":"PLUS: HyperPay received license from Sama as an Electronic Money Institution","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.8b9a3d56-d2df-456f-a056-c8fac293a9d7.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Scientific &amp; 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