Fakeeh Care supports expansion plans via SAR 825m loan from ANB

Riyadh-Mubasher: Dr Soliman Abdel Kader Fakeeh Hospital Company (Fakeeh Care) penned a Sharia-compliant credit facility agreement with Arab National Bank (ANB) for an amount of SAR 825 million.

The company obtained the loan, on 19 November 2025, to support its expansion and growth plans, according to a bourse filing.

The financing includes SAR 450 million as a long-term facility and  SAR 375 million in a short-term loan.

Fakeeh Care highlighted that the deal is guaranteed by a corporate promissory note.

In the nine-month period that ended on 30 September 2025, the Saudi group achieved net profits valued at SAR 192.63 million. ANB recorded 7% year-on-year (YoY) higher net profits at SAR 3.97 billion.

Mubasher Contribution Time: 20-Nov-2025 18:23 (GMT)
Mubasher Last Update Time: 20-Nov-2025 18:23 (GMT)