Total investment will be $80mn in an export-oriented facility that will be developed on an area of 45,000sqmt and generate up to 1,400 jobs
Gulf Pharmaceutical Industries
Julphar grows revenue 6.7% in Q1 and reduces its debts
Revenue reaches $97.8mn; Company reduced total bank borrowings by $104.34mn, bringing its interest-bearing liabilities to $144.3mn
UAE pharma major Julphar plans new product launches after return to profitability
Revenue, profit boost in 2021 due to increase in market share in the UAE and Saudi Arabia
UAE’s Julphar sees near doubling of Q3 pharma sales to $100m
Chairman of Ras Al Khaimah-based company hails ‘positive trajectory’ after returning to profitability in 2021
UAE pharma major returns to profitability for first time in three years
Gulf Pharmaceutical Industries says manufacturing Covid-19 vaccine contributed to ‘positive trajectory’ during Q2
UAE’s Julphar announces full takeover of Planet Pharmacies
Pharma major says move will contribute positively to its financial performance from Q3
UAE pharma major says Q1 net loss narrows on strong sales
Gulf Pharmaceutical Industries reports a 60% jump in net sales during Q1, boosted by a recent re-entry into key markets
UAE pharma major eyes return to profitability in 2021 after sales rebound
Julphar sees near-doubling in sales during 2020 as the company rebounded from a temporary suspension in some GCC markets
UAE pharma major sees 93% jump in revenues after re-entry into Gulf markets
Gulf Pharmaceutical Industries reports net loss of AED317.4m in 2020 partly due to one-time non-operational expenses
UAE pharma giant posts $26m loss as Saudi ban weighs
CEO of Gulf Pharmaceutical Industries reports ‘disappointing’ second quarter net loss, remains cautious in outlook
UAE pharma giant posts $24m losses as Saudi product ban bites
Gulf Pharmaceutical Industries CEO says first quarter of 2019 has been a challenging, focuses on recovery
UAE pharma giant cuts jobs as Saudi ban weighs on finances
Gulf Pharmaceutical Industries is looking to hire a restructuring adviser after cutting jobs