- Business
- Dr. Soliman Abdel Kader Fakeeh Hospital Company, trading as Fakeeh Care Group, is a premier integrated healthcare service provider in Saudi Arabia founded in 1978 and headquartered in Jeddah. It offers a comprehensive range of medical services including ambulatory care; secondary and tertiary hospital care; emergency medical services; specialized clinical services such as adult and pediatric neurosurgery, robotic surgery, urology, orthopedic surgery, and obesity-related anesthesia; as well as home healthcare services. The group operates a hub-and-spoke model ensuring seamless continuity of patient care and also administers academic healthcare programs, reinforcing its commitment to patient-centric care and medical excellence. Its geographic footprint spans major Saudi cities including Jeddah, Riyadh, Makkah, Madinah, and NEOM, and it has expanded into the UAE healthcare and medical education markets.
Recent major developments include the acquisition of a 50.01% controlling stake in Diagnostics Elite Company, a Saudi-based teleradiology and imaging services provider, for SAR 70 million to integrate advanced diagnostic services into its healthcare platform. The company went public with an IPO on the Saudi Exchange in mid-2024, enhancing its financial capabilities to support expansive growth plans. It has undertaken significant capacity expansions including the launch of a new 200-bed tertiary care hospital in Madinah and further expansion in Makkah, alongside the acquisition and relaunch of a smart hospital in Riyadh. Fakeeh Care Group is also actively growing its bed capacity and healthcare facilities with new construction projects in various key regions to nearly triple its total bed capacity from 585 to over 1,600 beds by 2028, aligning with Saudi Arabia's Vision 2030 for healthcare privatization and modernization.
The company operates through multiple subsidiaries, owns several hospitals and specialized medical centers, and continuously invests in incorporating digital transformation and innovative technologies across its facilities to maintain high standards of individualized health care for communities. Its product and service offerings cover a broad spectrum of medical specialties and extend to academic and training programs for healthcare professionals, positioning it as a leading healthcare institution in the region with a track record of more than four decades in patient care excellence.