UAE Business: Life Pharmacy launches 10 new pharmacies on a single day – Gulf Digital News

UAE Business: Life Pharmacy launches 10 new pharmacies on a single day – Gulf Digital News

Homegrown UAE brand, Life Pharmacy, has announced the serial launch of 10 new outlets across the UAE in one single day in a first-of-its-kind mega retail event signalling post-pandemic investor confidence and growth outlook.

 

The new outlets will add cumulatively 25,000 square feet of retail space to the UAE’s largest pharmacy and health and wellness network. Life Pharmacy now owns over 275 outlets across all six emirates, spanning a total of 600,000 sq ft since its establishment in 1996.

 

“As investors, the expansion of our network signals our confidence and positive growth outlook of economic resurgence of the UAE in the post-pandemic times.  The launch symbolises the stability of the UAE, and marks a milestone of economic comeback to the pre-pandemic levels,” said Abdul Nazar, Chairman and MD of Life Healthcare Group.

 

He said this has been made possible by the proactive and prudent endeavours of the UAE Government and the country’s visionary leaders in combating the Covid scourge.

 

The new pharmacies and addition of retail space is expected to catalyse the growth of the UAE’s pharmaceuticals market valued at over $3.5 billion. Life Pharmacy is also anticipated to further its contribution to the UAE’s healthcare sector by foraying into clinics and other related