Al Khayyat plans 40 BinSina pharmacies
Dubai, March 5, 2011
Al Khayyat Investments, the holding company that manages over 200 international brands in the Middle East, will have a network of 40 BinSina outlets across the UAE by the end of 2011.
This represents a growth of 30 per cent over 2010 in terms of number of pharmacies for BinSina Pharmacy Group, a major name in the world of retail pharmacy that belongs to Al Khayyat Investments.
“We at Al Khayyat are proud to announce that BinSina pharmacy, the leading pharmacy group in the UAE, which has a long history in the region with more than 45 years of experience in this market, will expand its network to reach 40 pharmacies by the end of 2011,” said Zaid Al Khayyat, managing partner, Al Khayyat Investments.
“The Group controls 12.3 per cent market share, out of 1,400 pharmacies countrywide. We use best management practices to raise market share and boost quality in the pharmacy retail sector. Through its highly qualified pharmacists, BinSina Pharmacy ensures specialized advice to its customers in the UAE,” he added.
BinSina Pharmacy group deals with more than 70 suppliers and offers its services to more than 5000 customers daily, a statement said.
BinSina outlets cover about 65 per cent of the total prescriptions of the main insurance companies, and offer more than 16,000 products in each of its pharmacy, it added.
“Our pharmacies offer a suitable shopping environment and stock all medicine, and a wide range of healthcare equipments, baby products and personal hygiene products, in addition to specialized skincare products. We choose our locations after deep study and analysis,” Al Khayyat concluded. – TradeArabia News Service