Khaled Juffali Company partners with ICME Healthcare to establish its presence in Riyadh, Kingdom of Saudi Arabia

Dr. Cyril Toma, Managing Partner at ICME Healthcare MENA (left) and M. Nizar Sanadiki, Group CEO at KJC
Dr. Cyril Toma, Managing Partner at ICME Healthcare MENA (left) and M. Nizar Sanadiki, Group CEO at KJC

The joint venture will see the two companies work together to shape and elevate the way that healthcare is delivered across the region

29 October 2023: Khaled Juffali Company (KJC), the renowned Saudi Arabian investment group is delighted to announce that it has partnered with ICME International AG, the international strategic healthcare consulting firm, to cement its presence in the Kingdom and establish its regional office in Riyadh, Saudi Arabia. 

This collaborative joint venture falls directly in line with Saudi Arabia’s Vision 2030 Health Sector Transformation Program, and it will see both companies combine their specific expertise and knowledge. Committed to furthering and elevating healthcare standards within Saudi Arabia and beyond, ICME Healthcare KSA is set to launch in Q4 2023.

Marked with a signing ceremony at the 2023 Saudi Global Health Exhibition, the joint venture was signed by M. Nizar Sanadiki, Group CEO representing KJC and Dr. Cyril Toma, Managing Partner representing ICME Healthcare Group. The signing was witnessed by Aldana Al-Juffali, Group Business Development Director of KJC and Holger Micheel-Sprenger, Group CEO of ICME.

Focused on bringing the latest healthcare trends and technologies to the Kingdom, ICME Healthcare KSA will offer advisory and consultancy services that cover life sciences, public private partnerships, e-health, telemedicine, strategic advisory, health facility planning and other vital areas. The joint venture marks a major landmark in KJC Healthcare’s strategy and ambitions, and in ICME Healthcare’s global expansion plan.

Founded in Zurich, Switzerland in 1954, ICME Healthcare with its Swiss-German footprint is set to celebrate its 70th anniversary next year. As a regional leader in healthcare, life science strategy and management consulting, strategic health facility and system planning, operational healthcare management and strategic healthcare investment, ICME Healthcare has experienced significant rise in demand for their services in Saudi Arabia and across the GCC in recent years.   

ICME Healthcare KSA is ICME Healthcare’s seventh regional office, adding to its existing representations in Abu Dhabi, Berlin, Pristina, Tirana, Vienna and Zurich.  

Nizar Sanadiki, Group CEO at KJC, says: “It is an honour to be part of a joint venture that has the power to shape the way healthcare is delivered, managed, and experienced in the region. In a world where the demand for quality healthcare continues to grow, it becomes imperative for us to join forces, combine our expertise, and to forge strategic alliances that can address the market needs. This joint venture signifies the coming together of two exceptional entities, united by a common purpose – to enhance the well-being of individuals and communities through innovative healthcare advisory services. Together, we create a formidable synergy. By working hand in hand with governments, regulatory bodies, private investors, and industry leaders, we can shape policies, influence change, and drive sustainable healthcare models that prioritise accessibility, affordability, and quality. Together, we can transform the healthcare landscape to redefine standards of care and to bring about a brighter and healthier future for all.”

Dr. Cyril Toma, Managing Partner at ICME Healthcare MENA, says: “At ICME Healthcare, we believe that the best things come from collaborations and partnerships. As we join forces with KJC, we are delighted to be able to formalise our presence in Saudi Arabia in line with the Saudi Arabian Government’s regional headquarters program and demonstrate our deep commitment to improving the region’s healthcare services. By combining the unique expertise and knowledge of both ICME Healthcare and KJC, we will elevate the standards of healthcare offered in Saudi Arabia and across the GCC, and effectively support and empower healthcare providers, institutions, and organisations to navigate the complexities of the industry.”

For more information about Khaled Juffali Company, please see , or more about the ICME Healthcare, please visit


About the Khaled Juffali Company

Founded by Khaled Juffali, one of Saudi Arabia’s leading businessmen, the Khaled Juffali Company (KJC) is involved in various industries, including automotive, energy and utilities, insurance, healthcare, real estate and construction, education, and philanthropy. Focused on the creation and incubation of growth business ventures, it is also committed to making social impact. Founded in 2004, KJC is headquartered in Jeddah, Saudi Arabia, and it has operations and investments as far as the US, UK and across the GCC.

About ICME Healthcare  

ICME is the world’s most trusted partner for strategic healthcare consultancy. Based in Switzerland, ICME was established in 1954 and it now has branches in 6 different countries. Throughout its decades of experience, the brand has successfully implemented more than 1,200 projects throughout the globe, and its high-value proposition is based on its combination of medical, technical and financial capabilities and its sheer dedication to developing and driving the healthcare sector. All of the above makes ICME a reliable and trusted partner that always delivers exceptional results for healthcare excellence.


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Our team is looking forward to receiving your enquiries and requests – we are excited to work together with you to bring your vision and project to fruition.

Let’s work together

Our team is looking forward to receiving your enquiries and requests – we are excited to work together with you to bring your vision and project to fruition.

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