Nazer Group

What Nazer Group does

Nazer Group is a privately-held Saudi Arabian holding company founded in 1991 by Loay Hisham Nazer, headquartered in Jeddah. The company operates a diversified portfolio of entrepreneurial investments with healthcare as its stated core focus and mission to become the leading healthcare company in the Middle East. Its healthcare solutions consist primarily of two operating assets: Bupa Arabia, the only focused medical insurer in Saudi Arabia operating in partnership with global healthcare company Bupa and listed on the Saudi stock exchange; and My Clinic, a multi-specialty flagship clinic in Jeddah offering 12+ specialties (women's care, child care, dental, ENT, internal medicine, dermatology, cardiology, psychiatry, family medicine, musculoskeletal, endocrinology, nutrition, and ophthalmology). Adjacent subsidiaries include Nawah Healthcare (Western Region operations), Hospital Procurement Solutions, Dialysis Clinics, plus non-healthcare units in Public Relations and Asset Management.

Nazer generates revenue through two primary mechanics: recurring insurance premiums collected by Bupa Arabia from individuals, families, and corporate clients across Saudi Arabia and the GCC, and service-based fees from My Clinic and other clinical operations, supplemented by adjacent revenue from hospital procurement, dialysis, and asset management. The customer base spans mass-market individual healthcare consumers (via My Clinic walk-in and appointment services) and Bupa Arabia's individual, family, and organizational policyholders. Distribution is direct — owned physical clinic for clinical services and direct sales teams for insurance — with no disclosed pricing on the public website.

The group is family-controlled, with founder Loay Hisham Nazer as Chairman, son Tal Hisham Nazer as Vice Chairman and Managing Director/CEO of Bupa Arabia, and other family members (Fehr Hisham Nazer, Modar Hisham Nazer) operating key subsidiaries. It has professionalized its senior leadership with Big 4-trained CEO Rami Makarem and Group CFO Riyas Kalliyath. Operations extend beyond Saudi Arabia into GCC and broader Middle East markets. No proprietary technology, AI/ML capabilities, or patents are disclosed; the company's competitive narrative relies on regulatory positioning, brand, the Bupa global partnership, and vertical integration across insurance, clinical care, and procurement.

Name

Nazer Group

Legal name

Nazer Group

Website

https://nazer.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Short description

Nazer Group is a privately-held Saudi Arabian holding company founded in 1991, focused on healthcare investments. It operates Bupa Arabia (the only focused medical insurer in Saudi Arabia, publicly listed) and My Clinic (a multi-specialty flagship clinic in Jeddah), serving individual, family, and corporate customers across Saudi Arabia and the GCC.

Ownership category

akta.pro rank

Headquarters

HQ city

Jeddah

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Healthcare Services - My Clinic: My Clinic generates revenue through patient healthcare services across multiple clinical specialties including women's care, child care, dental, ENT, internal medicine, dermatology, cardiology, psychiatry, family medicine, musculoskeletal, endocrinology, nutrition, and ophthalmology.
2. Health Insurance - Bupa Arabia: Bupa Arabia operates as a specialized medical insurer providing private medical insurance and customer service, generating revenue through insurance premiums from individuals and organizations in Saudi Arabia and the GCC.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Nazer Group is a Saudi holding company founded in 1991 that operates healthcare businesses in Saudi Arabia and the Middle East. Its core offerings are My Clinic, a multi-specialty flagship outpatient clinic providing 12+ clinical specialties, and Bupa Arabia, a private medical insurance company. It also runs Nawah Healthcare, hospital procurement, dialysis clinics, public relations, and asset management operations.

Product overview

Nazer Group is a holding company founded in 1991 for diverse entrepreneurial investments in Saudi Arabia and abroad. The company's healthcare solutions portfolio consists of two main offerings: My Clinic, a multi-specialty flagship clinic providing comprehensive clinical services across multiple specialties; and Bupa Arabia, a specialized health insurance company operating in partnership with global healthcare provider Bupa. These products serve different segments of the healthcare market - clinic services and health insurance - within Saudi Arabia and the broader Middle East region.

Differentiator

Problem solved

Functional benefit

Brands

• My Clinic: The first flagship clinic owned by Nazer Group, providing various clinical specialties with focus on delivering outstanding patient experience along with excellent clinical outcomes. Specialties include Women's Care, Child Care, Dental, ENT/Audiology, Internal Medicine, Dermatology, Cardiology, Psychiatry, Family Medicine, Musculoskeletal, Endocrinology, Nutrition, and Ophthalmology.

Products and services

• My Clinic A multi-specialty one-stop-shop outpatient clinic in Jeddah offering Women's Care, Child Care, Dental, ENT/Audiology, Internal Medicine, Dermatology, Cardiology, Psychiatry, Family Medicine, Musculoskeletal, Endocrinology, Nutrition, and Ophthalmology, focused on patient experience and clinical outcomes.
• Bupa Arabia Private medical insurance products and customer service for individuals, families, and corporate clients in Saudi Arabia and the GCC, delivered in partnership with global healthcare company Bupa under the mission of helping people live longer, healthier, happier lives.
• Nawah Healthcare Healthcare services operations in Saudi Arabia's Western Region, covering sales and operations across the region.
• Dialysis Clinics Dialysis treatment services operated as part of Nazer Group's healthcare portfolio.

Named customers1 record

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor and core.

• Dentalia ClinicsminorStrategic or Co-development Partner · 1 January 2012Partnership with Dentalia Clinics to provide professional dentists for the Orphans Oral Hygiene Workshop. Dentalia Clinics provided dentists to run the workshop in a fun, entertaining manner for approximately 150 children including orphans and employees' children.
• Bupa (Global Healthcare Company)coreStrategic or Co-development PartnerBupa Arabia operates in partnership with Bupa, a leading global healthcare company. Bupa Arabia is the only focused medical insurer in Saudi Arabia. The partnership enables offering customers the best private medical insurance and great customer service, founded on Bupa's mission of 'helping people live longer, healthier, happier lives.'

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Mouwasat Medical Services Company: Saudi-listed private hospital and clinic operator with multi-specialty services across the kingdom. Comparable to Nazer's My Clinic and Nawah operations as a Tadawul-listed Saudi clinical-care peer.
• AXA Cooperative Insurance Company: Saudi cooperative insurer offering health products alongside motor and other lines. Comparable as a regulated Saudi health insurer competing for the same corporate and individual policyholders as Bupa Arabia.
• Company for Cooperative Insurance (Tawuniya): Largest Saudi cooperative insurer with a major medical insurance book. Directly comparable to Bupa Arabia as a domestic health insurance competitor under the same SAMA / CHIC regulatory regime.
• Dr. Sulaiman Al-Habib Medical Services Group (HMG): One of the largest private healthcare providers in Saudi Arabia, operating multi-specialty hospitals and clinics. Directly comparable to Nazer Group's My Clinic in clinical service breadth and to Nazer's overall healthcare-services positioning.
• Al Etihad Cooperative Insurance Company: Saudi-listed cooperative insurer providing health and other insurance lines. Comparable to Bupa Arabia in operating under the same Saudi regulatory regime and targeting similar corporate / individual health segments.
• National Medical Care Company (Care): Tadawul-listed Saudi healthcare operator running hospitals and clinics. Directly comparable to Nazer's clinic operations as a domestic multi-specialty peer competing for the same Saudi patient pool.
• Saudi German Health Group: Major Saudi-headquartered private hospital group with multi-specialty facilities across the kingdom and broader Middle East. Comparable in clinical services scope and in pursuing Saudi + regional expansion of multi-specialty care delivery.
• Walaa Cooperative Insurance Company: Saudi-listed cooperative insurer with health and other lines, often cited among mid-sized Saudi health insurers. Comparable to Bupa Arabia as a competitor in the same SAMA-supervised cooperative insurance market.
• Mediterranean & Gulf Cooperative Insurance & Reinsurance (Medgulf): Saudi-listed cooperative insurer with a meaningful medical insurance line. Comparable to Bupa Arabia as another multi-line Saudi insurer with health as a key segment.

Broad incumbents

• Bupa Global: Global health insurance and healthcare group that is the named strategic partner behind Bupa Arabia. Comparable as the international parent blueprint for Nazer's insurance arm and a benchmark for how an integrated insurance + provider model is built at global scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/NazerOnline
• LinkedInlinkedin.com/company/nazer

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nazer Group