The AKDITAL group seals two strategic partnerships in the Kingdom of Saudi Arabia as part of its international expansion
This article was automatically translated from HIBAPRESS, the Arabic version:
Hibapress-Rabat
The AKDITAL group, the first player in the private health sector in Morocco, has taken a new stage in the deployment of its international strategy by concluding two memorandum of agreements with leading Saudi real estate partners: Wataniah Business Real Estate and Namaya (Al Fozan Holding).
Signed under the aegis of the Ministry of the Kingdom of Saudi Arabia of investment, these agreements relate to the creation of two land companies, which will be responsible for the development of private hospitals of the Akdital group in the cities of Riyadh and Djeddah by 2027.
The total amount of planned investments amounts to US $ 200 million. This operation is fully part of the objectives of the 2030 vision of the Kingdom of Saudi Arabia, aimed at strengthening health infrastructure and promoting foreign investments in the country.
The signing of the memorandum of understanding took place in the presence of:
• Dr. Rochdi Talib, Chairman and CEO of the AKDITAL group
• ILYAS EL HARTI, Deputy Managing Director of the AKDITAL Group
• Dr. Abdullah al-Dubaikhi, Vice-Minister of Investment-Ministry of Investment (KSA)
• Dr Mobarak Almulhim, Senior investment advisor in the health sector – Ministry of Investment (KSA)
• Abdulhady HABASH, Director of investment development in the health and digital health sector – Ministry of Investment (KSA)
• Tarik al-Thukair, Chairman and CEO, Namaya ((Al Fozan Holding)
• Meshal Al Shuraia, President, Wataniah Business Real Estate
• Shuraia al Shuraia, Managing Director, Wataniah Business Real Estate
Through this structuring initiative, the AKDITAL group affirms its desire to consolidate its regional positioning by exporting its know-how in hospital management and medical excellence.
