Philips Healthcare Saudi Arabia Limited
Joint Venture JV between Al Faisaliah Medical System (FMS) and Philips Medical Systems Nederland B.V.
Al Faisaliah Medical Systems and Philips Medical Systems Nederland B.V. established Philips Saudi Arabia for Healthcare Limited through a joint investment agreement launched in May 2013.
Headquartered in Riyadh, the company is registered under Commercial Registration No. (1010365836), issued on 20/04/1434H corresponding to March 2, 2013G.
The company share capital is forty million Saudi Riyals (40,000,000), divided into 4,000,000 shares of equal cash value of SAR 10 per share.
The company imports, sells, installs, repairs, leases and maintains medical devices, and provides related training and technical support. Philips Healthcare Saudi Arabia distributes a full spectrum of health technology solutions, primarily:
- Diagnostic imaging (CT, MRI, X-ray, Ultrasound)
- Patient monitoring systems
- Clinical informatics and AI platforms
- Cardiovascular diagnostic and therapeutic technologies
- Point-of-care and mobile diagnostic devices
- Healthcare transformation and consulting services
This broad portfolio positions Philips as one of the leading providers of advanced medical technology in Saudi Arabia.
This broad portfolio positions Philips as one of the leading providers of advanced medical technology in Saudi Arabia.
Ownership Structure of Philips Healthcare Saudi Arabia Limited
| Shareholder | Number of Shares | Share Value (SAR) | Total Share Value (SAR) | Ownership (%) |
|---|---|---|---|---|
| Al Faisaliah Medical Systems | 2,000,000 | 10 | 20,000,000 | 50.00% |
| Philips Medical Systems Nederland | 2,000,000 | 10 | 20,000,000 | 50.00% |
| Total | 4,000,000 | - | 40,000,000 | 100.00% |