National Medical Care Company Overview
Pro stress-test →National Medical Care Company was established in 2003 as a Closed Joint Stock Company owned by the General Organization for Social Insurance (GOSI) and a group of private shareholders. In 2013, the company was publicly listed and registered on the Saudi Stock Exchange (Tadawul) with ticker symbol "CARE". The company establishes, owns, equips, manages, maintains, and operates healthcare facilities in Saudi Arabia and provides home healthcare services.
Strategic Profile
Pro stress-test →GOSI remains a major investor in Care with 35.1% ownership. The company owns Alrawabi Care Hospital (formerly Riyadh Care, founded in 1990), Al Malaz Care (formerly National Care Hospital, founded in 1966), AlSalam Hospital in Riyadh, Al-Haram Hospital in Makkah, AlBalad Hospital in Jeddah, and ReLib for Behavioral Rehabilitation in Riyadh. The multi-facility network across key Saudi cities positions CARE as a significant player in the Kingdom's healthcare sector with strong government backing.
Competitive Landscape
Pro stress-test →CARE operates in Saudi Arabia's competitive healthcare sector alongside other major hospital operators like Mouwasat Medical Services, Saudi German Hospital, Sulaiman Al Habib Medical Group, and Fakeeh Care. CARE differentiates through government backing (35% GOSI ownership), established multi-facility network spanning Riyadh, Makkah, and Jeddah, and growing integrated healthcare services including pharmaceutical distribution and home care.
Industry Context
National Medical Care Company operates in Healthcare Services & Hospital Operations (Saudi Arabia).
Key facts
Founded: 2003 · Headquarters: Riyadh, Saudi Arabia · Employees: 3,000 · Revenue: SAR 1.2B (Q3 2025) · Market cap: SAR 7.76B