HMG began as Al Olaya Medical Complex in 1995. As of December 2024, the group had over 25 medical facilities, with over 3,300 beds. In 2024, HMG’s team of over 24,000 people provided care to more than 7.4 million patients. In 2024, it also opened the New Women’s Health Hospital in Riyadh with 145 beds. In September 2024, the group signed a $346.7 million shariah-compliant banking facilities agreement with alrajhi bank. Founder and Chairman Sulaiman Al Habib joined the Forbes billionaires’ list in 2025 with a net worth of $10.9 billion.