Latest news with #UnitedPharmaciesGroup
Syyaha
20-05-2025
- Business
- Syyaha
United Pharmacies Wins 'Best Place to Work' Award in Saudi Arabia for 202594% of employees say it's a great place to work – 4% above the global average
United Pharmacies, one of the leading companies in the pharmaceutical and healthcare products sector in the Kingdom of Saudi Arabia, has announced that it has been awarded the 'Best Place to Work' title for the year 2025 by Great Place to Work. This achievement reaffirms the company's status as one of the most attractive and reputable employers in the healthcare sector in the 'Best Place to Work' award is one of the most prestigious honors both locally and internationally. Its evaluation is based on employees' own feedback and their direct experience within the workplace. This year's results revealed that 94% of United Pharmacies employees affirmed that the company is 'a great place to work,' exceeding the global average by 4%. This reflects the high level of satisfaction among the company's on this milestone, Sarah Lewis-Kulin, Vice President of Global Recognition at Great Place to Work, stated:'The Best Place to Work certification is more than just a title; it is a genuine reflection of a company's culture and daily practices that foster a strong sense of belonging and satisfaction among employees. Based on the outstanding evaluation results, it is clear that United Pharmacies is among the top organizations that prioritize employee well-being.'She added:'This recognition demonstrates that United Pharmacies has successfully built a workplace culture based on trust, transparency, and continuous support—values that sustain high performance and attract top talent.'On his part, Mr. Khaled Yaseen, CEO of United Pharmacies Group, expressed his pride in this achievement, saying:'Receiving this prestigious award is a true testament to our commitment to building a positive and supportive work culture. The credit goes to our dedicated employees, who are the cornerstone of our continued success. We deeply value their commitment and efforts, which have paved the way for this exceptional recognition.' Yaseen also noted that United Pharmacies places the development of the work environment at the top of its priorities. The company continuously invests in professional training programs and employee development to enhance performance and achieve organizational excellence. Founded on Professional Values and Vision United Pharmacies Group was established by Sheikh Dr. Mohammed Abdulrahim Yaseen, one of the pioneers of the pharmacy and healthcare sectors in the Kingdom. With decades of experience, Sheikh Dr. Yaseen laid the foundation for a strong, trusted national company rooted in authentic Islamic values and high professional standards. The company is committed to delivering the highest levels of healthcare service, supporting innovation, and empowering national talents. This award stands today as a direct outcome of the company's clear institutional approach—built on a solid foundation of trust, sustainability, and long-term vision. A Supportive Environment for Growth and DevelopmentUnited Pharmacies adopts a people-first philosophy, placing employees at the heart of its growth journey. The company offers advanced leadership and development programs aimed at building the capabilities of its administrative and technical staff while enhancing organizational loyalty. Flexible workplace policies are also in place to promote work-life balance, fairness, and recognition—fostering a positive atmosphere across all levels of the organization. Promising Career OpportunitiesUnited Pharmacies invites skilled professionals and qualified Saudi and non-Saudi talent to join its internationally certified work environment. Interested candidates can visit the company's official careers page to apply via:🔗 United Pharmacies is one of the fastest-growing pharmacy chains in the Kingdom, distinguished by its comprehensive offerings of medications, treatments, and healthcare services. The company is committed to the highest standards of quality and professionalism, with a clear mission to improve the health and well-being of individuals and communities across Saudi Arabia.
Tahya Masr
14-04-2025
- Business
- Tahya Masr
"United Pharmacies" and The Saudi Awwal Bank Announce the First Off-Balance Sheet Islamic Digital Supply Chain Finance Deal
In a groundbreaking and unprecedented move in the Saudi market, United Pharmacies Group, one of the Kingdom's leading pharmacy chains, has announced the signing of a strategic partnership agreement with The Saudi Awwal Bank to execute the first comprehensive Islamic-compliant, off-balance sheet digital supply chain finance transaction. This milestone represents a pivotal step in the digital transformation journey of the financial and pharmaceutical sectors in the Kingdom, aligning with the objectives of Saudi Vision 2030. The agreement aims to deliver advanced financing solutions that enable strategic suppliers of the pharmacy chain to benefit from fully automated, discounted early payment mechanisms. This enhances liquidity management and streamlines financial operations for all parties involved. Commenting on the occasion, Khaled Yassin, CEO of United Pharmacies, stated: "We are proud to sign this agreement, which represents a strategic move towards enhancing our financial operations and strengthening our relationships with partners. This initiative will significantly improve our liquidity management, allowing us to increase operational efficiency and support our expansion plans with greater flexibility and effectiveness." He added: "At United Pharmaceuticals, we continue to focus on financial innovation as a means to drive growth and deliver added value to both our supply chain partners and our customers alike." Dr. Mohamed Abdel Wahab, CFO of United Pharmacies, also commented: "This agreement offers innovative financial solutions that help reduce operational complexities, enhance the efficiency of payment processes, and enable effective working capital management. We are pleased with this partnership with The Saudi Awwal Bank, which reflects our ongoing commitment to financial innovation and supports our continuous efforts to deliver real value to our suppliers and customers." For his part, Yasser Al-Barrak, Chief Executive Officer of Corporate and Institutional Banking at The Saudi Awwal Bank, stated: "We are delighted to be at the forefront of providing innovative, Shariah-compliant solutions that meet the needs of our clients. This transaction demonstrates our firm commitment to strengthening the Kingdom's financial ecosystem in line with Vision 2030, and to supporting national companies in their journey toward expansion and leadership." Al-Barrak further added: "The integration of advanced technology with Islamic finance solutions represents a significant step toward empowering businesses and driving economic growth in the Kingdom. We are proud to have developed our digital supply chain platform to offer automated discounting solutions that efficiently support both Islamic and conventional operations." This initiative comes as The Saudi Awwal Bank continues to enhance its digital supply chain platform, adding new features that allow corporate partners to easily upload payment files, benefit from fully automated registration and approval processes, and directly generate Shariah-compliant sales contracts.
Zawya
26-03-2025
- Business
- Zawya
United Pharmacies signs strategic agreement with Avalon Pharma for private label pharmaceutical manufacturing
Jeddah – United Pharmacies Group has announced the signing of its first strategic agreement for the manufacturing of private-label pharmaceutical and therapeutic products in partnership with Avalon Pharma's manufacturing facility. The signing ceremony was attended by a distinguished group of senior executives from both companies. The agreement was signed on behalf of United Pharmacies by Dr. Shalaei Taha, Chief Commercial Officer, in the presence of Dr. Roweida Yassin, Chief Marketing Officer, and Dr. Mohamed Abdel Wahab, Chief Financial Officer. Representing Avalon Pharma, the agreement was signed by Dr. Mohamed Metwally, alongside several department heads from both organizations. Strengthening Local Partnerships & Supporting Vision 2030 This agreement marks a significant milestone in United Pharmacies' strategy to forge strategic partnerships with local pharmaceutical manufacturers in Saudi Arabia. The collaboration aligns with the Kingdom's Vision 2030 and the National Transformation Program, which aims to localize pharmaceutical production, enhance drug security, and reduce reliance on imports. By boosting local manufacturing, Saudi Arabia is taking a major step toward ensuring a sustainable and self-sufficient healthcare sector. Enhancing Healthcare Quality at Competitive Prices Under this agreement, United Pharmacies will introduce a range of essential and high-demand pharmaceuticals to the Saudi market at competitive prices, ensuring sustainable availability. This initiative will help strengthen the Kingdom's ability to meet the pharmaceutical needs of both citizens and residents while reducing the risk of potential shortages. A Strong Strategic Vision for the Future of the Pharmaceutical Sector Khaled Yassin, CEO of United Pharmacies Group, emphasized that this collaboration is driven by the strong leadership vision of Sheikh Dr. Mohamed Yassin, the company's founder, and a clear strategic direction from the executive team. The initiative aims to enhance United Pharmacies' position in the pharmaceutical sector while expanding its private-label product portfolio to deliver high-quality, innovative solutions to consumers. Future Strategic Partnerships in the Pipeline Yassin further highlighted that this agreement is just the first step in a series of future strategic partnerships aimed at advancing Saudi Arabia's pharmaceutical industry and elevating pharmacy services across the Kingdom. Through this initiative, United Pharmacies reaffirms its commitment to delivering innovative pharmaceutical solutions and supporting the Kingdom's goal of achieving self-sufficiency in the pharmaceutical sector. This aligns with Saudi Arabia's national vision to enhance quality of life and improve healthcare standards. For his part, Dr. Mohamed Metwally, Chief Commercial Officer of Avalon Pharma, praised this strategic collaboration, stating that the partnership with United Pharmacies underscores Avalon Pharma's dedication to strengthening Saudi Arabia's healthcare sector. He reaffirmed that Avalon Pharma remains committed to manufacturing pharmaceutical products that meet global quality standards, ensuring they cater to the needs of the local market while enhancing the efficiency of the pharmaceutical industry in the Kingdom.
