National Medical Care Company (4005.SR) establishes, owns, equips, manages, maintains and operates healthcare facilities in the Kingdom of Saudi Arabia; provides home healthcare services; and engages in the wholesale and retail distribution of pharmaceuticals, medical equipment and supplies through its Care Company for Pharmaceutical and Medical Distribution. The company operates key facilities including Riyadh Care Hospital with 340 beds offering services in surgery, internal medicine, pediatrics, gynecology, eye/ear/nose/throat, urinary tract, cardiology, plastic surgery, dermatology, intensive care for adults and neonates, emergency, dental and radiology; National Hospital with 124 beds; Care Medical Rawabi; Care Medical Malaz; Family Health Care Center; and Braya Al-Taifi Center for Rehabilitation. Founded in 2003 and headquartered in Riyadh, it serves patients through inpatient care, outpatient clinics, surgeries, pharmacies and specialized medical sections primarily within Saudi Arabia, generating revenue from clinical services and pharmaceutical sales.
Recent developments include the completion of acquisition procedures for the entire stake in Jiwar Medical Services Company and Chronic Care Specialized Medical Hospital Company from Saudi Medical Care Group in 2023; signing of a non-binding MoU with Smartmed Investment Company; securing Shariah-compliant Murabaha financing of SAR 500 million; announcement of land purchase and hospital renovation contracts in Riyadh; and ongoing expansions such as the Narjis project adding 400 beds in phases alongside capacity build-ups at Malaz, Haram and Al-Balad facilities to support growth through FY29.