Overview
Innova Healthcare is a group of companies consisting of a community retail pharmacy chain, a distribution unit, and discounted stores in Saudi Arabia, delivering accessible and affordable healthcare products and other services across the Kingdom.
Innova at Glance
Business Units
Innova
Pharmacies
A community retail pharmacy network offering a complete range of medications, clinical services, and wellness products.
Innova
Distribution
A B2B distribution arm providing commercialization of global healthcare and beauty brands through quality logistics.
MIORA
Value-Driven Stores
A value-format retail chain offering all non-medical products at affordable prices.
From 1994 till Now: 30+ years of amazing success
Opened the first Innova Pharmacy in Riyadh.
Launched a new distribution unit.
Reached 100 retail pharmacies milestone.
Launched the new Innova identity, logo, and store design for a more competitive and enjoyable customer experience.
Alkhabeer Capital joined as a distinguished business partner by acquiring a majority stake (56.25%), enhancing Innova’s financial and business position in retail pharmacy market.
Tamer Group and Cigalah Group became shareholders (12.5% each), bringing additional retail expertise and regional reach. Established the Private Label unit to provide customers with high-quality healthcare and support wellbeing products.
Launched the new ERP system enabling seamless integration of all operations. Relaunched the e-commerce unit. Opened the first discounted store. Innova exceeded 200 pharmacies across Saudi Arabia.
Launched CRM, relaunched Rabeh Loyalty program. Unleashed the potential of the Insurance Business Unit. Developed a five-year roadmap targeting 500 stores by 2030.
Our Vision
To make our communities healthier and happier.
Our Mission
To become the first retail pharmacy of choice by providing accessible and trusted pharmaceutical services.
Driven by Principles. Committed to Care.
Winning Team
We are a highly accountable team committed to excellence in delivering superior care and services.
Ethical Integrity
We act with honesty, transparency, and full compliance with rules and regulations.
Five strategic pillars driving our sustainable growth
Short-term focus
Operational Excellence
Advance automation, supply-chain infrastructure, strategic partnerships and core capabilities.
↗Short-term focus
Corporate Governance
Strengthen transparency, compliance and operational integrity through rigorous governance practices.
↗Mid-term focus
Increase Customer Value
Deliver personalized care, exclusive brands and experiences that strengthen loyalty and lifetime value.
↗Mid-term focus
Our People
Empower teams through a motivational culture and strong training environment.
↗Long-term focus
Build the Brand
Grow national presence through consistent expansion and trusted customer experiences.
↗Ownership Structure
Governance
Innova operates under a strong corporate governance framework aligned with Capital Market Authority (CMA) regulations. We ensure transparency, accountability, and stakeholder confidence through:
Clearly defined shareholder rights.
Structured General Assembly meeting protocols and bylaws.
A formally appointed Board of Directors and approved bylaws.
Active Executive, Audit, Risk, and Nomination & Remuneration Committees with approved bylaws.
Meet The Leaders Behind Innova
Ahmed Saud Ghouth
Chairman
Hisham Omar Baroum
Vice Chairman
Dr. Majed Bahatheq
CEO & Board Member
Ahmed Bahatheq
Board Member
Yasser Yousef Naghi
Board Member
Faisal Farouq Tamer
Board Member
Karim Al-Bardisi
Board Member
Saeed Al-Salti
Board Member
Mazen Al-Kajjak
Board Member