NahdiCare exceeds targets for 2026: CEO

Yasser Joharji CEO of Nahdi Medical Co

Nahdi Medical Co. recorded an outstanding performance in the clinics segment, "NahdiCare", as it opened the 10th clinic in the Kingdom this year, two years ahead of its strategic target for 2026, CEO Yasser Joharji told Argaam.

He said 2024 saw a remarkable expansion of the NahdiCare network, with the opening of four new clinics, through which 40 emergency beds were added, bringing the total network to more than 250 outpatient clinics and 100 emergency beds across 10 clinics in seven different cities.

Joharji pointed to NahdiCare's plans to continue expanding in 2025 by opening new clinics in Jazan, Abha and Riyadh, adding that the company's expansion plan is based on accurate market studies and choosin right locations and specialties that meet the needs of patients.

He added that NahdiCare posted a 100% growth in revenues, with the number of outpatient visits surpassing 1.2 million by the end of October 2024.

The CEO said that the healthcare sector is witnessing rapid growth, driven by key demographic factors such as population growth and rising life expectancy. The Kingdom’s Vision 2030 invests heavily in developing the healthcare sector and encouraging the privatization of healthcare services in the public sector.

He said this provides promising opportunities for growth and investment in the healthcare sector, amid expectations of profits doubling in this sector, compared to the retail sector, said the CEO.

Nahdi announced the opening of the first NahdiCare clinic in Aseer, Khamis Mushait.

The complex includes 20 specialized clinics, including paediatrics, gynaecology, dermatology, dentistry, ENT, internal medicine, and orthopedics, in addition to 24/7 emergency services.

“Opening the Khamis Mushait clinic just two months after launching the Najran clinic reflects our commitment to expanding our network to new areas and continuing to support Vision 2030 in developing the health sector,” said Joharji.