Tamer Group celebrates 90 years of service

Updated 23 May 2012
Follow

Tamer Group celebrates 90 years of service

As Tamer Group celebrated its 90 years of service in the pharmaceutical industry, its hierarchy pledged yesterday to forge ahead with deployment of more Saudi men and women in line with the Saudization policy of the Kingdom.
Speaking at a ceremony, Company's Chairman Ayman M. Tamer acknowledged the great support and comprehensive care given to the private sector within the economic system of the government ably led by Custodian of the Two Holy Mosques King Abdullah.
"We share the great support given by our wise leadership to the various economic and social sectors. Today, we are gathered here to celebrate our 90th anniversary, which is accompanied by successes during the blessed milestones that marked our transition from importing medicines to manufacturing them locally," Tamer said, adding that this enhances the efficiency of the local staff, increases job opportunities for Saudis, resulting in nationalization of the workforce.
Moreover, he pointed out that focus has been given to hiring women as well as people with special needs encouraging them and offering them the required support.
He said Tamer group has come a long way since 1922 when Dr. Mohammed Said Tamer founded the region's first pharmacy.
"Our activities include importing, distributing, promoting, marketing and manufacturing a wide range of products and services through partnership agreements and strategic alliances around the world," he added.
As for the company's plans for the next 10 years, he told Arab News that he would focus on developing soft skills, developing its infrastructure and also developing the local human resources. In Sharjah, he said the company has $ 100 million investment for a Research and Development facility and its second phase will be to develop a manufacturing complex too.

 


Saudi Arabia sees 21% jump in mining sector licenses since 2016

Updated 5 sec ago
Follow

Saudi Arabia sees 21% jump in mining sector licenses since 2016

  • The growth in the Kingdom’s mining sector licenses aligns closely with Saudi Arabia’s Vision 2030 objectives, launched in 2016

RIYADH: Saudi Arabia’s mining sector has shown sustained growth, with the number of mining licenses increasing from 1,985 in 2016 to 2,401 by the end of 2024, representing cumulative growth of 21 percent, according to the 2024 mineral wealth statistics from the General Authority for Statistics.

The data highlights a steady upward trend in recent years. Licenses rose to 2,100 in 2021, marking a 6 percent increase from the previous year. 

The upward trajectory continued with 2,272 licenses in 2022, 2,365 in 2023, and 2,401 in 2024, reflecting expanding exploration and investment activity across the Kingdom’s mining sector. Building material quarries accounted for the largest share of mining permits, climbing from 1,267 licenses in 2021 to 1,481 by 2024. 

Exploration licenses also recorded consistent growth, supporting the Kingdom’s broader push to develop its mineral resources. 

Other categories of mining activity saw significant expansion, including 2,554 exploration licenses, 744 exploitation licenses, 151 reconnaissance licenses, and 83 surplus mineral ore licenses issued during the same period.

The growth in the Kingdom’s mining sector licenses aligns closely with Saudi Arabia’s Vision 2030 objectives, launched in 2016, which aim to diversify national income sources and strengthen non-oil sectors.