VOICE FROM THE TOP
Investing in Healthcare: A Commitment to the Nation's Well-Being
Dubai Investments continues to reaffirm its unwavering commitment to diversification - an approach that has allowed the Group to explore high-growth sectors while making a lasting impact on the society. Among the most significant milestones in this journey has been the Group’s strategic expansion into healthcare, particularly pharmaceuticals, where Dubai Investments has left a profound, long-lasting mark.
The Group’s healthcare journey began with the founding of Globalpharma in 1998, the first pharmaceutical company established within Dubai Investments Park. Since then, Globalpharma has risen to become a regional leader in pharmaceutical innovation, playing a key role in advancing the UAE’s healthcare objectives by locally producing high-quality, affordable medicines. The full acquisition of Globalpharma in 2019 further underscored Dubai Investments' commitment to strengthening healthcare and addressing the nation’s medical needs.
However, the Group’s vision for healthcare transcends pharmaceuticals. Through strategic investments in renowned medical institutions and specialized healthcare services, Dubai Investments has broadened its portfolio. This includes Clemenceau Medical Centre Dubai, a state-of-the-art hospital affiliated with John Hopkins Medicine International, King’s College Hospital Dubai, NMC Healthcare, and Global Fertility Partners. Together, these investments offer a comprehensive spectrum of healthcare services, from world-class medical care to cutting-edge fertility treatments. These partnerships demonstrate the Group’s dedication to enhancing lives and bolstering the UAE’s healthcare infrastructure.
Industry insights indicate that the UAE’s healthcare sector is poised for robust growth in the years ahead, driven by increasing demand for advanced medical services, a rising population, and a focus on healthcare innovation. This evolution opens the door to significant opportunities for investment in breakthrough healthcare technologies, personalized medicine, and digital health solutions.
Looking to the future, Dubai Investments remains at the forefront of these developments, continuing to explore opportunities in the healthcare sector, to meet the dynamic and evolving needs of patients, both in the UAE and beyond.
Khalid Bin Kalban
Vice Chairman and CEO, Dubai Investments
INSIGHTFUL STORIES
Dubai Investments – Building a Healthier Future
Dubai Investments' portfolio in healthcare reflects the Group’s commitment to advancing the region's healthcare sector. From over-the-counter remedies to prescription drugs, Globalpharma's product range has become a cornerstone of Dubai Investments' expansion into the pharmaceutical industry, laying a strong foundation for future growth.
With the capacity to produce 770 million tablets, 300 million capsules, 3 million litres of dry suspension, and 280,000 units of herbal medicines annually, Globalpharma has established itself as a regional leader. Its presence spans the GCC and key Middle Eastern markets, further cementing its leadership in the pharmaceutical industry.
A noteworthy addition to Globalpharma’s portfolio is its herbal medicine line, which responds to the growing demand for natural and alternative remedies. These products offer therapeutic solutions rooted in nature, diversifying Globalpharma’s offerings and appealing to health-conscious consumers. This expansion enhances Globalpharma’s position as a comprehensive healthcare provider, capable of addressing diverse patient needs while supporting the UAE’s healthcare goals.
These initiatives align seamlessly with Dubai Investments’ mission to elevate healthcare standards across the region. By integrating pharmaceutical innovation with high-quality medical services, the Group is creating a holistic, patient-centered healthcare ecosystem that improves the quality of care available in the UAE.
Through its combined expertise in drug manufacturing and medical services, Dubai Investments is shaping the future of healthcare, contributing meaningfully across the entire value chain—from medicine production to patient care. The Group remains committed to driving impactful, long-lasting change in the healthcare industry, ensuring that both patients and the healthcare infrastructure benefit for years to come.
Mohammed Saeed Al Raqbani
General Manager, Dubai Investments Industries & Masharie
BUSINESS SPOTLIGHTS
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- WELL-BEING & DEVELOPMENT CORNER
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Dubai Investments reported a Q2 2024 Profit of AED 289.24 million
Dubai Investments participated at INNOPROM 2024 in Russia, highlighting building materials and pharmaceuticals expertise
Dubai Investment Real Estate and Al Mujama unveiled a 1.2MW Solar Power Plant in Ritaj, Dubai Investments Park
Emirates Glass announced that its tempered, laminated, and insulated Glass Units (IGU) were awarded the Environmental Product Declaration (EPD) certification that underscored the company’s commitment to sustainability, decarbonization, and green building practices
Emirates Glass delivered 32,000 square meters of glass for Phase 3 of the Rivera by Azizi Development, featuring eight buildings with EmiCool DSR II coating on tinted grey glass
Emirates Glass’ Emicool Supervision laminated glass, offering high transparency, low external reflection and exceptional thermal insulation has been used on Esplanade Walk, a landmark development in the heart of Dubai
Emirates Glass announced the supply of its advanced Solite Zircon glass for the Luma 22 project in JVC, reinforcing its commitment to innovation and sustainable solutions
Emirates Building Systems participated in the Build Expo Africa 2024 Exhibition and showcased innovative solutions and expertise in the construction industry
Emirates Building Systems announced working on a fast-track project in the Red Sea, Saudi Arabia, covering over 60,000 m² with scope involving design, fireproofing, and steel structure installation
Emirates Building Systems delivered a new showroom of over 10,000 m² in Dubai and managed the engineering, fabrication, and supply of the steel structures and building components for the project
Emirates Building Systems carried out the design, fabrication, and installation of over 7,000 tons of steel structures for new factory buildings in Oman, including all related accessories
Emirates Building Systems delivered and erected a cold store PEB warehouse in Yemen with the scope including the design, fabrication, and supply of the steel structure, cladding, and building accessories
Al Mal Capital REIT announced its interim dividend of FY 2024 for the six months ended 30th June 2024 amounting to AED 15,416,697 (as against AED 12,252,240 for six months ended 31 December 2023).
Emirates Float Glass participated in a cutting-edge digital enterprise workshop hosted by Siemens and explored the latest advancements in manufacturing operation management
Emirates Float Glass signed a MOU with Abu Dhabi Distribution Company (ADDC) and positioned EFG as a key player in the new Energy Efficiency Club (EEC), focusing on enhancing energy efficiency in Abu Dhabi's manufacturing sector
Emirates Float Glass participated in a workshop hosted by the Abu Dhabi Department of Economic Development on 'Sustainable Industrial Growth' through Circular Economy
GlobalPharma captured a 1.8% market share, marking unprecedented growth in Saudi Arabia
Globalpharma announced the successful installation and qualification of a new Laboratory Information Management System (LIMS) software, transforming quality control workflow and documentation process from a manual to an electronic system
Globalpharma has installed a Roller Compactor in the General Plant, reducing slugging time in granulation and a Filter Cleaning Booth in the Penicillin Plant enhancing filter cleaning and protection from dust exposure
Globalpharma has successfully registered Emilok 40 mg in Bahrain, commonly used to treat conditions related to excess stomach acid
Globalpharma has received approval from the Saudi Food & Drug Authority in KSA for the new packaging and labels of Atorilp 10 mg, that is used to lower cholesterol and triglyceride levels in the blood
Globalpharma's advanced packaging for the outer and inner packs of Emimycin 500 mg FCT (Film Coated Tablets), used for treatment of bacterial infections has been approved for the KSA market
Techsource supported Emirates Float Glass to successfully transition to the Oracle E-Business Suite (EBS) Upgrade and its migration to the Oracle Cloud Infrastructure (OCI) Cloud
Techsource supported DI HR & Admin with the launch of the Document Management System
Techsource supported Emirates Extrusion Factory and White Aluminum Extrusion with the implementation of the ERP system, Orion11J.
Dubai Investment Real Estate, Al Mujama, and Yellow Door Energy, won the Best Solar Project of the Year – Commercial & Industrial by SolarQuarter Leadership Awards 2024, powered by The Solar Week UAE
Emicool Received the District Energy Space Award 2023 for Excellence in Sustainable District Cooling Solutions
Globalpharma received an appreciation certificate from Dubai Municipality for its effective implementation of Occupational Health and Safety Requirements
Dubai Investments held its 2nd Town Hall and the agenda included the DI Star & Trophy distribution, key corporate announcements, and an engaging training session on the new "Performance Module"
As part of Dubai Investments' Learning & Development initiatives impactful training sessions were conducted, including - The Essentials of Community Association Management, Facilities Management Training, Community Governance Training and Financial Management Training, aimed to enhance key skills and knowledge across various areas
Dubai Investments organised a movie session for the employees to relax, connect, and recharge, fostering team spirit and employee wellbeing
Al Taif Business Centre was chosen as the venue to host the prestigious Contemporary Art Exhibition, organized by the School of Calligraphy and Ornamentation held under the patronage of His Highness Sheikh Mohammed Bin Hamad Alsharqi the Crown Prince of Fujairah
Emicool Unveiled its 2023 Voluntary Sustainability Report, adhering to the Global Reporting Initiative (GRI) Framework
Emicool announced the opening of its first women-led customer service office in Motor City
Emicool's Business Excellence Team launched Ideathon 2024, a month-long innovation challenge open to all employees encouraging idea generation and intrapreneurship, fostering a culture of creativity and innovation
Emicool’s Sustainability Team hosted ‘The Climate Fresk Game’ to raise internal awareness on climate change
Emicool hosted the BATL (Best Achievement Through Leadership) Awards to celebrate employees' outstanding commitment and exceptional contributions, and honored those who made significant impacts within the company
Emicool partnered with DGrade Clothing to inspire sustainability through recycled fashion and activities that promoted the 3 R’s: Reduce, Reuse, and Recycle
Emicool collaborated with the Emirates Green Building Council (EGBC) for a technical session, engaging industry professionals on the role of district cooling in the sustainable energy transition
Emicool’s operations & maintenance team integrated artificial intelligence at the EXPO City District Cooling Plant, enhancing its efficiency and performance through advanced monitoring and analysis
Emicool’s operations & maintenance team achieved a Phase 2 milestone in the Unmanned Machinery Space (UMS) implementation, successfully advancing with in-house automation across 10 plants
Emicool launched the 'RWR - Reject Water Revive’ initiative, projected to save 130,000 m³ of TSE water annually and boost efficiency
Emicool introduced PS5s in the new recreation room, enhancing employee morale and strengthening team bonds
Emicool was ranked as the 25th best place to work in the GCC
Emicool women shine at Fitze women's sports event, showcasing their team spirit and strength
Emicool hosted a Fun Friday event filled with team-building activities while the Network Team gathered for a team dinner, fostering stronger relationships between managers, senior engineers, and technicians
Emicool launched its new customer portal, marking a pivotal milestone in its journey of transformation
Emirates Float Glass organized a sports activity for its employees and highlighted its commitment to fostering a vibrant, energetic work environment
Globalpharma organised a blood donation drive in collaboration with Dubai Health and encouraged employees to donate blood, supporting healthcare efforts and demonstrating Globalpharma's commitment to corporate social responsibility and community welfare
Globalpharma held an HSE training session on Hazard Communication, focusing on the safe handling and labeling of hazardous materials
Dubai Investments and subsidiaries celebrated Emirati Women’s Day 2024
Dubai Investments teamed up with The Big Heart Foundation for the Back to School initiative, providing school kits to children in need
Dubai Investments was represented by Mohammed Saeed Al Raqbani, General Manager, Dubai Investments Industries & Masharie at the World Government Summit(WGS) Partners Retreat, where he discussed key topics in governmental work and future directions
Dubai Investments participated in Careers Ru’ya, showcasing exciting career opportunities and engaging with emerging talent
Dubai Investments, in collaboration with UniCare Medical Center, facilitated onsite flu vaccinations for DI employees and their families, providing a convenient way to prioritize health and well-being ahead of the flu season
Dubai Investments sponsored Ovasave’s fertility awareness drive, supporting an initiative aimed at raising awareness about fertility health and providing free testing opportunities for women
MARKETING BUZZ
Dubai Investments: A catalyst for women's empowerment in the UAE
Ms Hind Al Ali, the first elected woman board member of Dubai Investments was featured in the video feature not only celebrated Hind’s achievements but also underscored Dubai Investments' unwavering commitment to championing women's empowerment and fostering leadership in diversity and inclusion across the UAE. The podcast coincided with the Emirati Women’s Day
Dubai Investments investments in healthcare
Following the successful media coverage of Globalpharma’s KSA market share, Noor Dubai 93.9 FM invited GlobalPharma to join their program “Balsam”. Mr Basem Albarahmeh spoke to the radio channel, and it was a great opportunity to discuss Globalpharma’s achievements and future plans on one of the top-listened radio stations in Dubai.
MARKET PULSE
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