logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Moroccan Akdital plans $1.4bn Saudi expansion to build 6 hospitals

Moroccan Akdital plans $1.4bn Saudi expansion to build 6 hospitals

GHADA.ISMAIL
Oct 28, 2025
The expansion supports Vision 2030 and marks Akdital’s first major move outside Morocco

Riyadh – Sharikat Mubasher: Akdital, Morocco’s largest private healthcare group, is set to launch six hospitals in Saudi Arabia within the next two years, with investments totaling SAR 5.3 billion (over USD 1.4 billion), according to Zakaria Jawad, the group’s Vice President, in an interview with Asharq.

The expansion marks Akdital’s first major move outside Morocco, where it currently operates 42 hospitals and plans to grow its domestic network to 62 by 2027.

In Saudi Arabia, the group aims to establish facilities in Riyadh, Makkah, Jeddah, and Madinah, with a combined capacity exceeding 1,000 beds. The first hospital is expected to begin operations within months.

Akdital, listed on the Casablanca Stock Exchange, began its Saudi entry earlier this year by signing two agreements worth USD 200 million with National Business Group and Namaya, a subsidiary of Al Fozan Holding, under the supervision of the Saudi Ministry of Investment.

 The partnerships involve developing private hospitals in Riyadh and Jeddah, with operations targeted to start by 2027.

Tags

Akdital
Health sector
expansion
Share

Attract clients with your ad

Start Now

Trending

MINT by EGBANK startups attract $4mn in investments in 2025
MUBASHER
INVE secures $300K in pre-seed funding from Outliers Venture Capital
MUBASHER.SA
Ziina obtains CBUAE licenses across payments, stored value, exchange
MUBASHER
HUMAIN, DataVolt sign deal with Nebius to advance NEOM’s Oxagon AI infrastructure
MUBASHER.SA
Namal, SDB launch new program to empower entrepreneurs across Saudi Arabia
MUBASHER.SA

Related News

Investor News
Calendar Icon
Oct 20, 2026
Emirates NBD, BlackRock launch 2 income-focused investment funds
Read More
Investor News
Calendar Icon
Oct 13, 2026
DIEZ doubles Oraseya Capital Fund to boost startup financing
Read More
Investor News
Calendar Icon
Oct 12, 2026
Phoenix Venture Partners wraps up fundraising for its PVPIF
Read More
Investor News
Calendar Icon
Oct 1, 2026
BitRoot Ventures targets 25 startups with early-stage investment strategy
Read More
Investor News
Calendar Icon
Sep 28, 2026
Pinnacle makes additional investment in Gathern
Read More
Investor News
Calendar Icon
Sep 23, 2026
Snowflake launches new program to support Saudi startups scaling enterprise AI
Read More
Investor News
Calendar Icon
Sep 23, 2026
Huspy expands into Italy with Integra Finance acquisition
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher