The Middle East's

Top 100 Listed
Companies 2022

66. Dr. Sulaiman Al Habib Medical Services Group (HMG)

Country: Saudi Arabia

Sector: Healthcare

Group CEO: Nasser Al Haqbani

Market Value: $18.6 billion

Sales: $1.9 billion

Profits: $370 million

Assets: $2.9 billion

HMG began operations in 1995 with the Olaya Medical Complex in Saudi Arabia. Today, it has over 22 medical facilities across the GCC, including 11 hospitals and seven medical centers across Saudi Arabia, the U.A.E. and Bahrain. HMG employs 13,500 people. It had treated over four million patients as of the end of 2021. The group also provides several digital health solutions, including Tele-ICU and an electronic pharmacy that offers 40,000 different medical products. Sulaiman Al Habib owns 40% of the company’s shares.