Johnson & Johnson Medical Devices Companies launches joint venture in KSA

The announcement was made at a press conference on Wednesday in Riyadh.
Updated 19 November 2017
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Johnson & Johnson Medical Devices Companies launches joint venture in KSA

Johnson & Johnson Medical Devices Companies (JJMD) has announced the launch of Johnson & Johnson Medical Saudi Arabia Limited. It is a Saudi-registered legal entity resulting from a joint venture between Johnson & Johnson Middle East FZ-LLC, Abdulrehman Algosaibi and Farouk Maamoun Tamer & Co.
The launch of the Riyadh-headquartered company marks an important expansion for JJMD in the Middle East, reinforcing a strong commitment to building health care solutions in the Kingdom, sharing global expertise and innovation through professional education and developing Saudi national talent.
“Saudi Arabia is an important market and we are excited about the government’s plan to advance health care under the Saudi Vision 2030 that aims to improve quality of life and health care services. We have a deep commitment to supporting this vision by helping health care systems navigate the impact of the changing landscape, ultimately improving outcomes, increasing patient satisfaction and reducing costs in value based care,” said Michelle Brennan, company group chairman JJMD EMEA.
“The flexible new regulations introduced by the Saudi Arabian General Investment Authority have encouraged us to set up our legal presence in the Kingdom under a joint venture with our longstanding distributor partners who have strong knowledge and expertise in the Saudi market.”
The announcement was made at a press conference on Wednesday in Riyadh, held under the auspices of the Saudi Arabian General Investment Authority (SAGIA).
Johnson & Johnson Medical Saudi Arabia Limited, which also has a branch in the Red Sea port city of Jeddah, began operations in October and has started receiving orders to serve clients in the Kingdom. It launched under the leadership of General Manager Abdulaziz Al-AlSheikh with around 190 employees, including a female sales team. The new company comes to market with a Saudization rate of 25 percent and said it is committed to attracting, hiring, training and developing Saudi talent.
“We are very pleased to be strengthening our strategic partnership through this joint venture. We believe that Johnson & Johnson Medical Saudi Arabia Limited will have a positive long-term impact on health care in Saudi Arabia while also growing and enhancing the Saudi Arabian workforce,” said Magdy Saidum, director technical affairs at Abdulrehman Algosaibi, and Mohammed Tamer, group CEO and managing partner of Tamer Group.


PISJ-ES Plays an integral role in strengthening the Pak-Saudi socio-cultural synergy

Updated 22 September 2019

PISJ-ES Plays an integral role in strengthening the Pak-Saudi socio-cultural synergy

The first dawn of Libra marks the anniversary of the Kingdom of Saudi Arabia which establishes a deepest connotation, being one of the most gracious and enriching countries around the globe.

On the occasion of Saudi National Day, I extend my heartfelt felicitations to the custodian of the two Holy Mosques, His Excellency King Salman bin Abdul Aziz, the Crown Prince Muhammad bin Salman and people of the entire Kingdom.

With its unique eccentricity, Saudi Arabia emits such a compelling oomph that binds all who connect with it whether being an expat living miles away from their homeland or a visitor from any country, ethnicity or culture.

With the rich background, initiating from the beginning of the world itself, and induced by the timeless teachings of our last Prophet, Muhammad, the Kingdom of Saudi Arabia establishes a great relation among all Muslims from around the world to reckon this land of peace and brotherhood as the spiritual hub of Islam.

Besides, its air of peace and harmony blows stirring religious inspiration for Muslims that connect them with their roots.

Millions of Muslims internationally are uniquely attracted to visit the blessed mosques of Makkah and Madinah as pilgrims to satiate their religious obligations.

Today is the day for all Saudis and those who dwell in this pure land to celebrate their individuality, peace and sovereignty as a nation.

However, alongside the celebrations, we must focus our sincere endeavors towards the development of this country in our exclusive capacities with hard work, dedication and respect for the law to preserve the country’s capabilities and achievements and take those to the new heights of glory and achievement.

Pakistan International School Jeddah - English section has been playing an integral role in strengthening our indestructible ties of the Pak-Saudi relationship.

Our students feel pride in studying its culture and language which reinforce their profound intimacy with the Kingdom of Saudi Arabia.

Both the countries maintain exemplary bilateral military, economic, security and cultural relations.

This cultural synergy is supporting to elevate the overall socio-economical structure in terms of trade, values, health and education in both the countries.

The Crown Prince Mohammed bin Salman’s overwhelmingly heartfelt statement during his recent visit to Pakistan – “I am the ambassador of Pakistan in Saudi Arabia,” not only endorses our fondness towards each other but also reflects our combined desire to take the history of our strategic relationships to a new level.

Sharing the joy of celebrating the Saudi National day with great pride and enthusiasm, I pray for the eternal peace in both the countries and their everlasting friendship.

Long live Saudi Arabia and Pak-Saudi friendship!