Abdullah Amer Al Nahdi
$2.1B
Born
Jan 01, 1961
Age
64
Source of Wealth
Pharmacies
Residence
Jeddah,
Citizenship
Saudi Arabia
Marital Status
Children
0
Education
- Abdullah Amer Al Nahdi founded and is vice chairman of Nahdi Medical, Saudi Arabia's largest chain of pharmacies.
- Nahdi Medical, which had $2.3 billion in 2023 revenue, went public on the Saudi stock exchange in 2022.
- Al Nahdi started the company by purchasing two pharmacies in Jeddah in 1986, a year after he graduated from university.
- The company has more than 1,100 pharmacies, mostly in Saudi Arabia and some in the UAE.
- Nahdi Medical has expanded into offering primary healthcare services through a number of health clinics.
- Saudi Arabia's Bin Mahfouz family purchased half of Nahdi Medical in 2003 through its SEDCO Holding entity; today Saleh Salem Bin Mahfouz chairs Nahdi Medical.
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