Arabian International Healthcare Holding Company ("TIBBIYAH") announced that it has entered into a definitive agreement to acquire a majority stake in Innovative Care Company, the ultimate owner of New You Medical Center in Riyadh.
The transaction represents TIBBIYAH's first major investment in the healthcare services vertical, marking a milestone aligned with its strategy to become a diversified healthcare holding company. With a compelling value creation proposition for TIBBIYAH and its shareholders, the acquisition is value accretive and backed by a clear growth plan for the business.
