Saudi Arabia healthcare news & reports

Dallah Health signs ~$176m million share purchase agreement with minority shareholder Ayyan Investment

Listed Saudi hospital group Dallah Health has signed a binding share purchase and subscription agreement with minority shareholder Ayyan Investment to acquire its shares for approximately SAR 660 million riyals (~$176 million).

August 23, 2024

HBI 2024 Day Two, Afternoon Briefing

The afternoon of day two of HBI 2024 included sessions on dental services, veterinary services the move to preventive healthcare, decarbonisation and the race to decarbonise.

June 14, 2024

Saudi’s $1tn+ NEOM megaproject “poised to redefine the future of healthcare”

Saudi Arabia's $1 trillion + futuristic megaproject NEOM is not just aiming to build something unprecedented from an engineering, architectural and urban design perspective. Its plans for shaking up healthcare are equally radical. We spoke to Mahmoud AlYamany, NEOM’s Sector Head, Health and Wellbeing, to learn more about this.

June 7, 2024

Fakeeh Care Group to list in Saudi Arabia

Fakeeh Care Group, Saudi Arabia’s fourth largest private hospital group by revenue, is going to list through an IPO on the country’s Tadawul Stock Exchange.

April 26, 2024

Aster DM GCC sale completed

The sale of the GCC division of healthcare conglomerate Aster DM has been completed for approximately $1bn.

April 5, 2024

Aster DM GCC sale nearly complete

The sale of the GCC division of Dubai-based listed hospital and pharmacy chain Aster DM, for just over $1bn, is nearly complete.

March 21, 2024

Burjeel Holdings to triple PhysioTherabia network in Saudi Arabia

UAE-based specialty private healthcare services provider Burjeel Holdings is tripling the number of PhysioTherabia centres it operates in Saudi Arabia, as part of the company’s commitment to providing advanced physiotherapy services in the country.

March 8, 2024

Dallah Health eyeing strategic expansion in Saudi Arabia

Listed Saudi hospital group Dallah Health is eyeing strategic expansion in Saudi Arabia as part of its dual aims of becoming the leading healthcare provider in the Kingdom and helping to position the country as a leading medical tourism destination. Its strategic expansion is part of its efforts to support the national Vision 2030.

March 1, 2024

Gulf Islamic Investments acquires $160m stake in Abeer Medical Company

Gulf Islamic Investments (GII) has acquired an equity stake worth SR600m ($160m) in Abeer Medical Company, a large affordable healthcare provider in Saudi Arabia.

January 19, 2024

Pakistani workers targeted by Saudi hospital groups

Recent reports have suggested that Saudi Arabian healthcare groups are increasingly uninterested in hiring foreign workers due to the policy of Saudization, but HBI hears this is not always the case, with two major hospital groups looking to increase their Pakistani workforces.

Saudi Arabia

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