Founded in 1995, HMG operates more than 22 hospitals and medical centres. In 2025, it signed contracts to build three new hospitals in Saudi Arabia, and partnered with the Red Sea Real Estate Company and AMAALA Company to operate and maintain Red Sea Hospital and AMAALA Hospital. The group reported revenue of $2.7 billion in the first nine months of 2025. Forbes estimates Founder and Chairman Sulaiman Al Habib’s net worth at $11.2 billion as of February 12, 2026.