The Board of Administrators of Dr. Soliman Abdul Qader Fakeeh Hospital Firm and its subsidiaries, Fakeeh Healthcare Group, agreed on November 4, 2025 to start negotiations to amass nearly all of shares in Safwat Diagnostic Medical Firm, in order that it turns into a subsidiary firm owned by Dr. Soliman Abdul Qader Fakeeh Hospital Firm.
She stated in an announcement on Tadawul, at this time, that the acquisition course of will happen by means of the switch of Sulaiman Abdul Qader Fakeeh Actual Property Firm Restricted, owned by Fakeeh Medical Firm, 50.01% of its funding in Safwat Diagnostic Medical Firm in favor of Dr. Sulaiman Abdul Qader Fakeeh Hospital Firm.
She defined that the method goals to combine Safwat Diagnostic Medical Firm’s providers into the group’s well being platform.
She confirmed that this course of is topic to regulatory approvals and related procedures to finish the task between Dr. Sulaiman Abdul Qader Fakeeh Hospital Firm and Sulaiman Abdul Qader Fakeeh Actual Property Firm Restricted (a associated social gathering), noting that any elementary developments will probably be introduced in a well timed method in accordance with the related laws.
