Riyadh-Mubasher: Dr Soliman Abdel Kader Fakeeh Hospital Company (Fakeeh Care Group) signed a Sharia-compliant credit facility agreement with Alinma Bank at a value of SAR 938 million.

The financing deal, finalized on 23 June 2025, aims to support the group’s expansion and growth plans, according to a bourse filing.

The loan includes SAR 638 million in long-term facilities and SAR 300 million in short-term facilities.

Secured by a corporate promissory note only, the facility will be available to all entities under the Saudi group.

It is worth noting that the new facility replaces previously existing facilities valued at SAR 838 million for Dr. Soliman Fakeeh Hospital (DSFH) and SAR 570 million for DSFH Riyadh.

In the first quarter (Q1) of 2025, Fakeeh Care reported net profits worth SAR 67.35 million, marking an annual growth of 10.95% from SAR 60.70 million.