A consortium captures the majority of the majority in the “Zahrat Al -Amal Medical” in Riyadh

“Davidand Jet Capital” and “Abdullah Fouad Group” and a group of partners announced their acquisition of the majority of the “Zahrat Al -Amal Medical Group”; One of the most prominent healthcare service providers in the Saudi capital, Riyadh, which was established in 1986, and includes two buildings consisting of two medical centers and two pharmacies in the city of Riyadh, and it is characterized by a specialized medical team that has extensive experiences, in addition to an advanced infrastructure that includes the latest medical devices and equipment, as well Clinics, which makes it an integrated health care destination. The new medical center of the group achieves a higher operational efficiency and greater flexibility, which led to a remarkable reduction of waiting times for patients and increasing their satisfaction, in addition to enhancing financial performance, and the group also seeks to launch a third medical center aimed at expanding the scope of patients’ arrival while maintaining operational efficiency, as it will provide a set of services provided in the two main centers, which enhances the spread of the group and diversity Its offers. In a statement on the occasion of the announcement of this acquisition by the majority of the majority, the founder and managing director of the company “Davidand Gate Capital, Mr. Mohamed Gingi:” We are pleased to work with the Abdullah Fouad Group on the inclusion of the majority of the flow of the flower of hope for our investment portfolio in the health care sector in the Kingdom of Saudi Arabia, and this partnership represents a qualitative step that allows us to invest in developing infrastructure and medical services to the center Keep the aspirations of families in Riyadh to reliable and high -quality health care, as we intend to expand the scope of the services provided and enhance operational efficiency in a way that contributes to upgrading patients experience and achieving a sustainable impact on society. Our strategic focus on the healthcare sector in the Kingdom of Saudi Arabia as one of the most promising fields of investment within the activities of private ownership, driven by the positive factors enjoyed by the Saudi market, including population growth, high age rates, and the need for highly efficient and quality medical services. Operating and investment, in a way that contributes to enhancing the sustainability of the growth of these institutions, raising the efficiency of the services provided and enhancing the quality of health services provided to Saudi society in line with the Kingdom’s Vision 2030. For his part, Mr. Farhan Al -Mutairi, founder of Zahra Al -Amal Group, said, “We are proud to enter prominent strategic partners, Davidand Jet Capital, and Abdullah Fouad Group with a number of strategic partners in the Zahra group Medical hope, and this will give our efforts greater momentum in the field of expansion of the group’s services, infrastructure modernization, and employ the latest medical technologies, and in a way that enhances the position of the group as a high -quality high -quality health care provider in the Kingdom and the region.