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Dr. Soliman Abdul Kader Fakeeh Hospital Co.
Fakeeh Care runs private hospitals and clinics in Saudi Arabia, charging patients and their insurers for medical care.
Fakeeh Care is a private healthcare company in Saudi Arabia. It runs hospitals and clinics, mostly in Jeddah and Riyadh, where people go for everything from a routine checkup to surgery. Its doctors treat patients, and the bills get paid by patients themselves or by health insurance companies.
The company also runs medical education and training centers, which teach the next generation of doctors and nurses. That side of the business matters because it feeds a steady stream of trained staff into its own hospitals and builds its reputation as a serious medical institution rather than just a place to get treated. The core of the money is straightforward: you show up sick, a doctor treats you, and someone pays for the bed, the scans, the drugs and the surgeon's time. Private hospitals in Saudi Arabia compete on quality of doctors, waiting times and facilities, and Fakeeh's long history and brand give it an edge in attracting well-off patients and insurers. The government has been pushing to grow private healthcare as part of its wider plan to modernize the economy and reduce reliance on oil, which helps companies like this one.
Fakeeh listed its shares on the Saudi Exchange in 2024, and the stock trades under the ticker named in the input. Hospitals are a capital-heavy business: new beds, equipment and buildings eat cash, so the company's growth depends on filling those beds and keeping paying patients coming through the door while managing costs and insurance reimbursements.
Saved answer · last researched 12 Nov 2026