Smile Care inks SAR 3.87M deal with KAFD
In a statement to Tadawul, the company said that the contract is valid for a period of 8 years and seven months starting from Sept. 1, 2025 until March 31, 2034, indicating that the property will be used as the third headquarters in Riyadh, for the purpose of establishing a dental and dermatology clinic.
The expected financial impact starts in the third quarter of 2026, the statement added.
This expansion comes within the framework of the strategic plans approved by the board of directors, which aim to enhance the company's presence and leadership in the medical sector, meet the growing demand for its services, and achieve sustainable returns for shareholders, while remaining committed to providing high-quality services in accordance with the latest standards, keeping pace with market aspirations and customer requirements, the company also noted.
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