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RIYADH: Al-Dawaa Medical Services Co. will start trading on Saudi Arabia’s main index TASI on March 14 after collecting SR1.9 billion ($500 million) from shares buyers. The operator of one of Saudi largest pharmacy chains, offered 25.5 million shares in an initial public offering, representing 30 percent of capital. Established in 1994, Al-Dawaa Pharmacies provides optimal
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KHOBAR, Saudi Arabia, Jan. 13, 2021 /PRNewswire/ Saudi Arabian retail pharmacy giant Al Daawa Pharmacies initiates digital operations, serving customers across the region. The pharmacy incorporates digital presence having functional frontiers on web and mobile. Al Dawaa presents an easy-to-use, multi-functional, and engaging mobile app with a top-of-the-line user interface and functionalities which offer a rewarding customer experience.
Al Dawaa Pharmacies started in the region in 1994, establishing a single branch in the country. To date, the retail pharmacy giant operates with more than 800 branches across the country. It is a pharmacy which holds ISO 9001 Certification in Saudi Arabia since 2006. It also holds patient safety certification since 2018.