Saudi Arabia: Saudi Arabia completes first healthcare privatisation

By
Kelsey Rees
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The privatisation of Saudia Medical Services Company (SMS), a subsidiary of Saudi Arabian Airlines, has been completed through the sale of a majority stake in SMS to Dr. Soliman Abdel Kader Fakeeh Hospital Company. The transaction is the first privatisation of a government-owned healthcare entity. ‘SMS was established in 1970 to provide medical care to…

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