Mouwasat delivers robust performance in Q3 2025: Exec

Mouwasat's horizontal expansion plan on track, thereby lifting the Q3 2025 financial performance, Managing Director Khalid Al Saleem says

Mouwasat Medical Services Co. is pushing forward with its previously-announced horizontal expansion plan aimed at penetrating new regions, having recently opened new facilities in Jeddah, Madinah, Yanbu, and Abha, alongside expansion efforts in Al-Ahsa, Managing Director Khalid Al Saleem said.

In an interview with Argaam on the sidelines of the Global Health Exhibition in Riyadh, the CEO explained that the expansion of two existing hospitals in Riyadh and Qatif is currently underway. This should boost the company’s total capacity by more than 500 beds.

The Saudi healthcare sector, according to the top executive, is currently undergoing a qualitative shift towards advanced technology adoption — a trend that mandates immediate adaptation by service providers.

He also highlighted the Ministry of Health’s pivotal role in supporting this direction and fostering sector growth.

On Mouwasat’s Q3 2025 financial results, Al Saleem provided an optimistic outlook ahead of their mandatory release in compliance with the Capital Market Authority’s (CMA) rules.

"The company’s overall performance is good and is showing satisfactory growth for shareholders,” he was quoted saying.

Mouwasat’s board of directors recently approved the establishment of a new hospital in Al-Ahsa, as well as the expansion of existing hospitals in Qatif and Riyadh, at a total value of SAR 1.38 billion.

It also nodded to the project of setting up a SAR 700 million hospital in Abha, featuring an accommodating capacity of 180 beds.