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Balsm Alofoq Medical Secures Health License for Branch Operations

MT Newswires·12/22/2025 01:37:36
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01:37 AM EST, 12/22/2025 (MT Newswires) -- Balsm Alofoq Medical (SASE:9620) is set to open its new branch in Al-Qassim, Saudi Arabia, as it secured the final health license from Qassim's Ministry of Health. The Saudi-listed healthcare company's new location will start operations on Jan. 1, 2026, according to a Monday release. The company added that the new location is slated to have a positive effect on its earnings, which will be reflected starting in the first quarter of 2026.