Established in 1986, Nahdi Medical Company has become an attractive investment opportunity, by becoming a leading player in the pharmacy retail space and demonstrating its ability to constantly spearhead innovative practices and drive transformation in fast-paced markets such as Saudi Arabia and UAE.
With a solid history of success and a strong emphasis on digitisation, aligned with Saudi Arabia’s “Vision 2030” economic diversification agenda, Nahdi is actively shaping the future of healthcare while supporting regional growth and development.
Extensive Network And Market Reach
With the purpose of adding beats to the lives of its guests every day Nahdi currently operates over 1,100 pharmacies across 140+ cities and villages in Saudi Arabia and the UAE, along with 10 state-of-the-art multispecialty clinics operational in the Kingdom.
“This extensive network allows Nahdi to serve millions of guests daily, reaching 97% of the Saudi population. This impressive reach reinforces Nahdi’s position as a trusted partner in health and wellness, making it a vital contributor that serves the growing ambitions of these rapidly changing markets,” the company told International Finance.
Commitment To Innovation And Sustainability
Nahdi’s mission is to exceed its guests’ expectations by providing superior personalised life care experiences every day everywhere, thereby emerging as the “most loved and trusted health wellbeing partner” of its guests.
Keeping the goal in mind, the venture is putting itself at the forefront of innovation, demonstrated by establishing the first bonded zone for a private company in Saudi Arabia. The company boasts a solid IT infrastructure with sophisticated last-mile logistics that serve 97% of the population within two hours. This capability, combined with a global platform serving customers directly from outside Saudi Arabia, positions Nahdi as a leader in integrated healthcare services.
Focus On Employee Development
With a total staff count exceeding 10,000 across the company and its subsidiaries, Nahdi prioritises employee training and development. The company also has strong partnerships with universities, providing over 2,000 training opportunities annually and conducting more than 500,000 hours of training. This commitment to nurturing local talent strengthens the workforce and enhances service delivery, contributing to Nahdi’s reputation as a top employer in the region.
Strong Brand Equity And Customer Loyalty
Nahdi’s brand equity is reinforced by a solid loyalty programme, with over 80% of revenue generated from its Nuhdeek Guests. The company boasts a brand equity score of 6.9, double that of its nearest competitor in the market. This loyalty not only drives revenue but also fosters long-term relationships with customers, ensuring sustained growth and profitability.
“Investing in Nahdi Medical Company means being part of a transformative journey in the healthcare sector. With its extensive network, commitment to innovation, focus on employee development, and strong brand loyalty, Nahdi is well-positioned for continued success. As it constantly adapts to evolving needs, aligning with the goals of Vision 2030 and contributing to regional growth, Nahdi offers boundless potential and sustainable returns for investors,” the company concluded.