Julphar plans to invest Dh300 million over next five years: CEO
19 May 2025 16:48
ABU DHABI (WAM) Basel Ziyadeh, CEO of Gulf Pharmaceutical Industries (Julphar), affirmed that the company continues to strengthen its position as a key driver of the pharmaceutical industry in the UAE. He noted that Julphar exports more than 80% of its production to around 40 global markets, an achievement that reflects the advancement of its manufacturing infrastructure and the efficiency of national talent.In statements to the Emirates News Agency (WAM) on the sidelines of the first day of the 'Make it in the Emirates 2025', Ziyadeh revealed an ambitious investment plan worth Dh300 million over the next five years. The plan aims to expand the manufacturing base and localise advanced technologies in cooperation with global partners, thereby supporting the national economy by boosting non-oil pharmaceutical exports.He explained that the company has invested about Dh100 million over the past three years to enhance its manufacturing infrastructure and introduce new technologies. During the same period, it launched more than 35 new pharmaceutical products, meeting the needs of the local market and exporting to various countries.
He stated that after more than 45 years since Julphar's establishment, the company proudly stands as one of the first pharmaceutical firms to launch from the UAE to the world, at a time when the Arab pharmaceutical industry was almost non-existent. Today, the company exports from the UAE to dozens of global markets, relying on one of the largest industrial bases in the Arab region.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Sharjah 24
5 hours ago
- Sharjah 24
UAQ Ruler receives Eid Al Adha well-wishers
Greetings His Highness Sheikh Saud received congratulations from sheikhs, senior officials and a large number of well-wishers who gathered to extend their blessings on the occasion. Among those offering greetings were Abdul Rahman bin Mohammad bin Nasser Al Owais, Minister of Health and Prevention, and Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, who conveyed their heartfelt wishes to Sheikh Saud, praying that the occasion returns with good health and continued wellbeing for His Highness, and with further prosperity for the UAE and blessings for the Arab and Islamic nations. The Ruler of Umm Al Qaiwain also received greetings from citizens, officials, tribal representatives, members of Arab, Islamic and foreign communities, as well as business leaders, traders, and heads of banks, companies and factories operating in the UAE. They all prayed to God Almighty to grant Sheikh Saud good health and to bless the UAE with continued peace, security and prosperity.
Al Etihad
5 hours ago
- Al Etihad
Saudi Arabia announces successful first trial of drone-based medicine delivery at holy sites
7 June 2025 16:29 MINA (WAM)Saudi Arabia announced the successful pilot launch of drone-based medicine delivery between primary healthcare centres and hospitals at the holy sites, marking a significant milestone and a first-of-its-kind initiative, Saudi Press Agency (SPA) reported Saturday. The project aims to enhance the efficiency of healthcare services provided to pilgrims during the 1446 Hajj achievement was made possible through active collaboration between the Makkah Health Cluster and the National Unified Procurement Company (NUPCO), which jointly ensured the supply of medicines and medical equipment to the holy sites using initiative is designed to accelerate response times and support healthcare operations by delivering medicines and medical supplies during Hajj. In one key instance, Mina Emergency Hospital received a drone delivery of ice packs used for treating heat exhaustion and sunstroke, as part of intensified preparedness efforts coinciding with the start of the stoning ritual on the first day of Eid Al-Adha. The initiative aligns with the healthcare system's commitment to creating a safe and healthy environment that enables pilgrims to perform their rituals with ease and comfort. It also reflects efforts to deliver world-class healthcare services in line with the objectives of Saudi Vision 2030.
Al Etihad
7 hours ago
- Al Etihad
FNC discusses cooperation with Brazilian, Belarusian parliaments
7 June 2025 14:10 BRASÍLIA (WAM)Dr. Ali Rashid Al Nuaimi, Chairman of the Committee on Defence, Interior, and Foreign Affairs in the UAE Federal National Council (FNC), met with Senator Davi Alcolumbre, President of the Senate of the Federative Republic of Brazil, on the sidelines of the 11th BRICS Parliamentary Forum held at the National Congress in Brasí meeting was attended by Sara Falaknaz, FNC member, and Saleh Ahmed Al Suwaidi, UAE Ambassador to Alcolumbre praised the active participation of the UAE parliamentary delegation in the forum, and stressed the importance of strengthening parliamentary ties, which serve as a vital channel for broadening avenues of expressed appreciation for the UAE's role in promoting transparency and advancing economic development at both regional and international Al Nuaimi affirmed the depth of bilateral relations between the UAE and Brazil, noting the UAE considers Brazil a strategic partner across various sectors. He emphasised the importance of enhancing bilateral cooperation in development projects that benefit both countries and their two sides explored ways to deepen bilateral cooperation, highlighting promising opportunities in key sectors such as advanced technology, energy and economic investment, all contributing to broader and more sustainable strategic the meeting, Dr. Al Nuaimi delivered an official letter from Saqr Ghobash, Speaker of the Federal National Council, addressed to the President of the Brazilian Senate, extending a formal invitation to visit the a separate meeting, Dr. Al Nuaimi also held talks with Sergei Rachkov, Chairman of the Standing Commission for Foreign Affairs and National Security of the Council of the Republic of the National Assembly of the Republic of parties affirmed the strength of UAE-Belarus relations and stressed the importance of enhancing parliamentary cooperation, maintaining ongoing dialogue and coordination on matters of mutual interest to strengthen shared strategic objectives and mutual the meeting, attended by FNC member Sara Falkanaz, Dr. Al Nuaimi highlighted the rapid growth of UAE-Belarus relations, noting the significant opportunities for further collaboration across sectors, and stressing that current global challenges require the establishment of effective partnerships and the adoption of flexible and innovative models for international cooperation.
