Almana Medical Group to develop general hospital in Riyadh destination.
New Murabba, a Public Investment Fund (PIF) company and master developer of Riyadh’s modern downtown, has announced an investment partnership with Almana Medical Group to develop a new general hospital within the destination. With a planned investment of approximately SAR 1 billion, the project highlights growing investor confidence in New Murabba and its potential to deliver world-class community infrastructure.
The hospital will occupy a site of more than 16,000 square meters near Prince Turki bin Abdulaziz Al Awal Road, providing convenient access within one of New Murabba’s mixed-use districts. Designed as an integral community asset, it will connect with surrounding residential, commercial, and pedestrian networks.
SAR 1 Billion Strategic Investment
The hospital represents approximately SAR 1 billion in planned investment and marks the first investment package activated within New Murabba’s masterplan.
Planned to accommodate 200 beds, the hospital will provide a comprehensive range of healthcare services, including emergency and trauma care, family medicine, pediatrics, neonatal care, orthopedics, cardiology, neurosciences, and other key specialties. The development supports Saudi Arabia’s healthcare transformation agenda and Quality of Life objectives by bringing advanced medical services closer to future communities.
State-of-the-Art 200-Bed Hospital
The facility will offer a broad range of specialist and essential healthcare services to support New Murabba’s growing resident population.
New Murabba is being developed to accommodate more than 280,000 residents, with integrated neighborhoods built around innovative urban planning, architectural excellence, and accessible community services. Healthcare is a core element of the masterplan, supporting the 15-minute community concept, where essential services and amenities are accessible within a short walk or ride.
Almana Medical Group brings extensive experience in developing and operating hospitals and medical facilities, supporting the delivery of high-quality healthcare within the destination.
Creating a Connected Community
The hospital forms part of New Murabba’s wider vision for healthier, more connected neighborhoods where essential services are integrated into everyday urban life.
The partnership also represents an important commercial milestone, demonstrating tangible market engagement and creating opportunities for further strategic partnerships, joint ventures, and revenue-generating investments across New Murabba.
Eng. Sabah Barakat, Acting CEO of New Murabba, said: “This agreement marks a significant milestone in the realization of New Murabba’s vision and reflects the confidence that strategic investors continue to place in the destination. As one of the first investment packages activated through our masterplan, this SAR 1 billion hospital development demonstrates our ability to attract leading partners and transform our vision into tangible, investable assets. The hospital will play a vital role within a broader ecosystem of community services designed to support the future residents and visitors of the destination while contributing to Saudi Arabia’s healthcare transformation ambitions and quality of life goals. This investment partnership is the first of many intended partnership deals that we plan to announce in the coming months as we move from the planning phase of the project into the execution phase.”
Professor Awad Al-Omari, Chief Executive Officer of Almana Medical Group, said: “The Group’s investment in New Murabba represents a strategic healthcare investment that goes far beyond the traditional concept of real estate development.” He expressed the Group’s pride in being among the early investors in New Murabba and among the first partners contributing to bringing its ambitious vision to life.
Professor Al-Omari emphasized that Almana Medical Group is not merely investing in land, but investing in a vision, the vision of His Royal Highness Crown Prince Mohammed bin Salman, and in the future of Riyadh. He noted that the Group’s healthcare investment in New Murabba, valued at approximately SAR 1 billion, reflects its strong belief in the future of this destination and its confidence in the extraordinary transformation taking place across the capital.
The remarkable achievements delivered under Saudi Vision in recent years, with major ambitions and transformational projects becoming a tangible reality. He reaffirmed Almana Medical Group’s pride in being among the early investors in New Murabba and in contributing to this transformation by investing in the Kingdom’s future with confidence and ambition that match the scale of its vision.
The quality of life will be at the heart of this healthcare investment, through the development of an advanced model of care that places people and the patient experience at the center of the healthcare ecosystem. The hospital will leverage artificial intelligence, advanced medical technologies, and digital solutions to deliver care that is more precise, efficient, and proactive.
He emphasized that the Group’s ambition extends beyond the development of a conventional healthcare facility. Rather, Almana Medical Group aims to establish a future-focused model of healthcare that is fully aligned with New Murabba’s quality-of-life proposition, integrating artificial intelligence, world-class medical technologies, and an end-to-end healthcare experience that supports Riyadh’s ambition to become one of the world’s leading cities in which to live, work, and invest.
In closing, Professor Al-Omari reaffirmed the Group’s ambition for its presence in New Murabba to serve as a model for the future of healthcare in the Kingdom and a landmark healthcare investment that reflects the aspirations of Riyadh’s remarkable transformation.”
This partnership forms part of New Murabba’s broader efforts to create a world-class urban destination that enhances quality of life through integrated social infrastructure, accessible community services, and strategic partnerships that support sustainable growth, investment, and long-term value creation.
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