Family businesses are major contributors to the global economy, creating an estimated 70-90% of global GDP
Ayman M. Tamer, Chairman and Managing Partner of Tamer Group talks about family business and the group.
imported 2024-03-17 17:43:06
Ayman M. Tamer, Chairman and Managing Partner of Tamer Group talks about family business and the group.
Ayman M. Tamer, Chairman and Managing Partner of Tamer Group talks about doing business in Saudi Arabia.
Talal K. Idriss, CEO of Bahra Cables talks about innovation in Saudi industry and the knowledge economy.
Talal K. Idriss, CEO of Bahra Cables talks about Saudi cable industry and its competitivness.
In addition, according to Ninth Development Plan by Ministry of Economic & Planning, increasing life expectancy (74 years) which is leading to an ageing population in need for specific and costly health services (> 60 years are growing from 4% to 7% in 2020).
Saudi Arabia currently produces 55 million tons of petrochemicals but the consumption in Saudi Arabia is 2.5 million tons.
EIPICO (Egyptian International Pharmaceutical Industry Company) is the leading pharmaceutical company in Egypt.
Due to the water scarcity, there has been a drop in the development of the agricultural sector in Saudi Arabia. Over the past 12 years, cereal production in Saudi Arabia has almost dropped to zero. The export of open field agriculture has been banned. Farmers can no longer export open field fruits or vegetables.
Our group has been in the pharma industry for more than 25 years. We have been quite successful. We have partners who have contributed a lot to the pharma industry. In 2014, our turnover was almost SAR 2 billion. Recently we realized there was a need in the market, and among our partners, for local manufacturing.
Jamjoom Medicine was established more than 55 years ago. It has been one of the major players in the healthcare industry. Jamjoom Medicine was the first member of the Jamjoom Pharmaceutical Group. Our strategy to preserve and improve the market leadership has always been built around establishing a successful partnership with our suppliers, through mutual business respect, understanding and a focus on customers’ needs.