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2026-09-13T15:33:51.999Z

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Al-Manea Medical Plans 4B Riyal Investment

Al-Manea Medical Plans 4B Riyal Investment

Al Munajem Medical Group has established an investment portfolio valued at 4 billion riyals to execute expansion projects in Saudi Arabia over the next five years. These projects include the construction of three hospitals and two medical centers in Riyadh, as well as two centers in Dammam. The funding for these projects will come from the group's capital and sustainable loans, without issuing sukuk or bonds. After completing these current projects, the group plans to list its shares on the stock market after 2030.

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