Julphar becomes a member of the UAE International Investors Council (UAEIIC)

Gulf Pharmaceutical Industries Julphar, one of the largest pharmaceutical manufacturers in the Middle East and Africa, has joined the membership of the UAE International Investors Council (UAEIIC) which has under its umbrella a consortium of mega Emirati companies investing abroad in all economic sectors, making it the first pharmaceutical company in the UAE to become a member of the council following approval from the board of directors of The UAEIIC, headed by H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy, chairman of the UAE International Investors Council (UAEIIC).

Commenting on Julphar’s membership in the (UAEIIC), Sheikh Saqr bin Humaid Al Qasimi, Chairman of the board of directors in Julphar, said: “We are proud to be the first UAE pharmaceutical company to join the UAE International Investors Council. Our membership in the UAEIIC comes in line with our strategic vision to uphold the name of the United Arab Emirates on the international level through expansion in new markets as UAE national company. We look forward to playing a pivotal role in building on the efforts of the council.”

H.E. Jamal Saif Al Jarwan Secretary General of The UAE International Investors Council (UAEIIC), said, “We were pleased of Julphar membership in the UAE International Investors Council as a leading Emirati pharmaceuticals company. This comes in line with the council’s strategy to support decision-making in light of the rapid developments in healthcare sectors, specifically in the pharmaceutical and medical device industries, and capitalize on future opportunities and growth.”

From his side, Dr. Essam Mohamed, Julphar CEO, said: “We have the honor to join the UAE International Investors Council as a leading Emirati brand, and we are committed to the development of Emirati investments, which are critical to economic diversification and the UAE’s global economic competitiveness specifically in the healthcare sector."

Nasser Bin Tahnoun Al Naqbi, Executive Director- Commercial Affairs in Julphar, Member of the executive committee of UAEIIC, said: “Julphar membership in the UAE International Investors Council is a positive step and a movement that enhances the presence of Emirati leading companies in global markets in line with the UAE’s strategic plan, policy and outward approach.”

Established in 2009, the UAE International Investors Council established aims of contributing to the UAE's economic development process, and supporting Emirati investments abroad to be a fundamental pillar of the national economy based on diversification, innovation, and sustainable competitiveness.

Since 1980, Julphar embarked on an ambitious healthcare journey to provide a better quality of life for people in the UAE and to become the leading pharmaceutical company in the country. Julphar Will continue devoting all efforts to securing local supply chains of critical pharmaceuticals and life-saving medicines, supporting the manufacturing of high-quality products locally by implementing new cutting-edge technologies in line with the UAE government healthcare agenda.