Saudia Medical Services is the major healthcare provider to Saudia and a number of its group companies, providing wide-ranging outpatient services, including occupational and aviation medicine, to Saudia’s beneficiaries in Jeddah.

Engineer Saleh Al-Jasser, Director General of Saudia, said "Saudia’s plan to privatize Saudia Medical Services is in line with the Saudi Vision 2030, which, amongst several initiatives, aims to increase the private sector’s participation and value addition to existing services offered by the public sector. Through this privatization initiative, we aim to transform Saudia Medical Services from a business unit of Saudia to an independently owned and managed world-class healthcare provider, and to improve the quality of healthcare services offered to Saudia employees and, more broadly, Jeddah residents and visitors."

Mr. Tariq Al-Sudairy, Managing Director and CEO of Jadwa Investment, stated: "We are very proud to participate in this important privatization initiative, and to provide our financial advisory services to Saudia. We look forward to working closely with Saudia to structure and execute the privatization of SMS."

The privatization of SMS follows a series of successful privatizations of other strategic business units of Saudi Arabian Airlines, including Saudi Airlines Catering, Saudi Ground Services, Saudi Airlines Cargo and Saudia Private Aviation.