The Middle East Healthcare Company (Saudi German Health) was established in Saudi Arabia as a closed joint stock company, with its commercial register issued on 25/5/2004 in Jeddah. In 1988, Eng. Sobhi Al-Batterjee and Dr. Khalid Al-Batterjee established the first hospital in Jeddah and collaborated with German University Hospitals to bring advanced German healthcare standards and expertise to the local community.
The Company has approximately 13 hospitals and provides health care services to approximately 2.5 million patients annually. The Company is organized into three reportable segments which include Inpatient services, Outpatient services, and Pharmacy sales. Saudi German Health is one of the largest healthcare providers in the Middle East and North Africa, with hospitals and clinics in several cities across Saudi Arabia, UAE, Egypt, and Yemen. The group, under the name Middle East Healthcare Company (MEAHCO), has a successful IPO on the Saudi Stock Exchange (Tadawul), raising US$3.2 billion in 2015.
Recent Leadership News
Saudi German Health's board appointed Nezar Bahabri as Chief Executive Officer effective Jan. 1, 2026, with the decision made on Dec. 21, following the recommendation of the nomination and remuneration committee. On July 16, 2026, the Board appointed Mr. Abdulaziz Hasheem Al-Anazi as Chairman and Dr. Ahmad Abdullah Alali as Vice Chairman for a four-year term commencing July 8, 2026.
Facts compiled by Executive Moves from publicly available news and press releases on 18 August 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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