Ahmad BinDawood, CEO ofBinDawood Holding Co.
BinDawood Holding Co.’s CEO, Ahmad BinDawood, said the pharmacy business has become a growing strategic pillar within the group’s portfolio, contributing positively to the company’s H1 2026 results despite the impact of changes to the Wasfaty program on its revenues.
He added that the segment’s core operations remained resilient, supported by growth in sales outside the program, which generate higher profit margins and helped improve the quality of the segment’s earnings.
Ahmad BinDawood, CEO ofBinDawood Holding Co.
BinDawood Holding Co.’s CEO, Ahmad BinDawood, said the pharmacy business has become a growing strategic pillar within the group’s portfolio, contributing positively to the company’s H1 2026 results despite the impact of changes to the Wasfaty program on its revenues.
He added that the segment’s core operations remained resilient, supported by growth in sales outside the program, which generate higher profit margins and helped improve the quality of the segment’s earnings.
