Health Care
Saudi’s Largest Healthcare Firm to Start IPO in Wake of Aramco Sale

(Bloomberg) —One of Saudi Arabia’s largest private healthcare operators plans an initial public offering next month, according to people familiar with the matter, in what will be a litmus test for investor appetite after the world’s biggest share sale.
Dr. Sulaiman Al Habib Medical Group appointed Jadwa Investment and Riyad Capital as advisers, the people said, asking not to be identified because the matter is private.
The hospital operator in September received approval from Saudi Arabia’s market regulator to sell a stake representing about 15% of its share capital. The deal will be the first IPO to come to the local market after Saudi Aramco raised more than $29 billion in December. That sale relied mainly on domestic investors.
Dr. Sulaiman Al Habib Medical, Jadwa and Riyad Capital didn’t respond to requests for comment.
Dr. Sulaiman Al Habib Medical initially planned to sell shares in 2016, people familiar with the matter said at the time. The company operates at least 14 medical facilities across Saudi Arabia, the United Arab Emirates and Bahrain, according to its website.
-
Banking & Finance1 month ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
Bahrain1 month ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Banking & Finance2 months ago
Central Bank of Oman Issues Regulatory Framework for Digital Banks
-
Banking & Finance4 weeks ago
National Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions
-
Energy1 month ago
Russian Energy Week from October 15-17, 2025 offers alternative formats of cooperation
-
OER Magazines1 month ago
OER, June 25
-
Banking & Finance2 months ago
The Future of the International Financial System to be discussed at SPIEF 2025
-
Retail1 month ago
All services are moving toward personalisation says Tatyana Kim, Founder of Wildberries and Head of RWB