Moroccan private hospital operator Akdital plans to invest MAD 1 bn (c. USD 104.8 mn) to expand into the UAE and Saudi Arabia, as part of its 2025-2030 roadmap, the company said in its 2024 financial results (pdf). The plan includes opening two hospitals in the UAE — in Dubai and another unspecified emirate — and two in Riyadh and Jeddah. Operations are slated to begin in 2027.

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The rationale: Aktidal is targeting mid- to high-income markets with limited healthcare capacity, making the Gulf a strategic choice. Both the UAE and Saudi Arabia offer just two hospital beds per 1k people, Aktidal said. Both countries present windows for attractive pricing and strong revenues, with health ins. coverage rates exceeding 80%. The Dubai hospital will be located in the southern area, a strategic investment, trade, and tourism hub, the report said.

Financing and projections: The new facilities are expected to contribute 20% of Aktidal’s total revenue by 2030. The expansion will be financed through a mix of debt and capital from international partners, according to the company. Aktidal also plans to scale up its local operations from 33 facilities to 62 hospitals by 2027.

Aktidal? Founded in 2011, Aktidal is listed on the Casablanca Stock Exchange and has a market capitalization of MAD 17.2 bn (c. USD 1.8 bn). In 2024, it reported net income of MAD 348 mn (c. USD 36.5 mn), up 75.8% y-o-y, and revenues of MAD 3 bn (c. USD 314.3 mn) which increased by 54.9% y-o-y.

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