The Saudi hospital group, Saudi German, has seen its shares rise 15% to 73.5 Saudi Riyals since it milked the Tadawul for US$471m last month. With just 788 beds, Saudi German, also known as the Middle East Healthcare Company, is valued extraordinarily highly; it made profits of US$89m on sales of US$881m in 2014, the last full year for which figures are available.
May 13, 2016