DUBAI, July 4 (Reuters) - Saudi Arabia's Sulaiman Al-HabibMedical Group (HMG), one of the largest private providers ofhealthcare in the Gulf Arab region, has invited banks to pitchfor advisory work on a planned minority stake sale, threebanking sources told Reuters.

HMG sent a request for proposals to banks during the Muslimfasting month of Ramadan to pitch for the mandate, the sourcessaid, declining to be named because of the commercialsensitivity of the matter.

HMG is looking to raise between $750 million to $1 billion,one of the sources said, adding that banks are pitching for arole.

HMG did not respond to queries for comment when contacted byReuters by email on Wednesday.

HMG operates hospitals and clinics across Saudi Arabia, theUnited Arab Emirates and Bahrain.

(Reporting by Hadeel Al Sayegh; editing by Jason Neely) ((Hadeel.AlSayegh@thomsonreuters.com; +971566883310;))