Ashraf Radwan, CEO of GlobalOne Healthcare Holding: “Bioventure is pleased to spearhead the Industrial Partnership for Sustainable Economic Development alongside our esteemed partners in Egypt, Jordan, and Bahrain. Such collaborations represent major step forward in advancing the industrial sector and realizing its full potential.”
He added: “The strategic MOU between Bioventure and Amman Pharmaceutical Industries will leverage and strengthen the existing strategic relationship between the Parties for potential licensing of new product portfolios and tech transfer of selected ophthalmology products in the Middle East region. The partnership will open doors to other potential business opportunities, such as manufacturing (fill and finish) of ophthalmology products in the middle east region and subsequently expand further discussion to other aspects such as tech transfer, research and development of ophthalmology products thereby creating accessibility of patients to affordable biosimilars.”
“Our combined focus on developing innovative and sustainable solutions, coupled with our shared ventures, will significantly impact building a brighter future for all.”
Quote for the announcement release – Dubai Investments – Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments.
“Dubai Investments strong foundation, bolstered with dynamic partnerships , diverse business portfolios and a steady growth over the years, has propelled the Group’s businesses to be competent contributors, ready to facilitate new horizons for economic development across the region. The MOU’s signed by the Group’s pharmaceutical (Globalpharma) and glass (Emirates Float Glass) companies as part of the industrial strategy confirm Dubai Investments commitment to strategic partnerships, representing clear goals for the short to long-term with a model of cooperation at regional levels. It also reiterates the valuable support extended on enhancing industrial GDP contribution, uncovering new ways of achieving growth and prosperity”, said, Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments.
Statement from Abdulnasser Bin Kalban Integrated Industrial Partnership for Sustainable Economic Development
Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium, said: “EGA already enjoys well-established relationships with companies in Bahrain, Egypt and Jordan, ranging from supplying our UAE-developed technology to sourcing materials. This Partnership is a platform to expand our cooperation much further. We look forward to many opportunities to work together in line with the guidance of our wise leaders to grow industrial activity in all countries for the benefit of our nations’ people.”
Dr Majida Al Azazi, Chairwoman of M Glory Holding statement on the Integrated Industrial Partnership for Sustainable Economic Development
Dr Majida Al Azazi, Chairwoman of M Glory Holding, said: “We are very pleased to cooperate with our partners on this large industrial project, which enhances the industrial partnership between the UAE, Egypt, Jordan and Bahrain. The project will support the Arab industrial sector and benefit from the expertise, manpower and capabilities of the partner countries.
“In addition, the industrial partnership between the four countries will create an important new force in the field of electric vehicle manufacturing in the Middle East. This key sector will witness a quantum leap thanks to the vision and support of the leadership of the member countries. We aim to further develop the automotive industry in our region, promoting the industry both regionally and globally.”
Dr Majida Al Azazi noted that the economic partnership between the four countries has provided an opportunity to support and develop the industrial sector, including the automotive industry. She explained that this cooperation will help diversify the economy, provide job opportunities, and contribute to sustainable economic development and reducing carbon emissions.
Dr Al Azazi said: “This large investment project will transform the automotive industry. While we plan to manufacture compact crossovers during the first phase of the project, subsequent phases will include the manufacturing of more diversified models in larger numbers to meet the needs of the four member countries, while exploring new regional and global markets.”
