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BinSina Pharmacy Launches New Branch In Sharjah At K.M. Trading Center











BinSina Pharmacy, a leading name in the world of retail pharmacy, announced the opening of its new store in K.M Trading Center in Sharjah, staying on track to reach 40 pharmacies in the UAE by the end of 2011.

The new pharmacy is strategically located at the K.M. Trading Centre at King Abdul Aziz Rd, one of the most active places in Sharjah. The outlet will serve K.M Trading Centre visitors as well as neighbouring areas, such as Al Qasemeyyah area, Abu Shaghara area, Al Wahdah St. area & some northern parts of the emirate.

The BinSina opening at K.M Trading Center is another proof of the group’s expanding strategy to spread in key areas in Sharjah. This approach is reflected through the groups’ pharmacies in Mega Mall and on Buhaira Corniche Rd and many other strategic places such as the Sharjah University.

Clive Stanley the CEO of the retail division at Al Khayyat Investment owner of BinSina Pharmacy said: “The launch of the branch in K.M Trading Centre was preceded by an in-depth survey to assess the area’s needs for pharmacy services.”

The BinSina Group is part of Al Khayyat Investments which is well known for its diverse investments, representing more than 200 multinational brands in different fields.

The group has 5 million customers visiting its pharmacies annually. A single BinSina pharmacy stocks around 16,000 different medicines and non-medical items.

“BinSina Pharmacy serves more than 5000 customers daily and captures more than 12.3% market share, out of 1,400 pharmacies countrywide. It deals with more than 70 suppliers in pharmaceutical products, as well as medical devices, speciality skin care and personal care products”, added Stanley.

The first BinSina Pharmacy was opened in 1965 in Nasser Square in Dubai. Now, after 45 years, it has evolved into the UAE’s leading pharmacy chain.
 

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