UAE based Ithmar Capital, Fund I and Banaja International Group partnered in Pharma World Holdings and are currently establishing warehousing facilities at JAFZA in the UAE. Ithmar Capital, Fund I and Banaja International Group each own 50% of Pharma World Holdings.

The company benefits from Banaja’s 60 years of heritage in KSA. They have extensive experience in warehouse management through a portfolio of over 14 warehouses.

Additionally the new venture benefits from vast Ithmar Capital. Fund I experience in UAE. With this expertise and experience on tap. Pharma World Holdings is now spreading its services to the GCC and Middle East.

Through Pharma World Holdings’ unique one-stop offering, they centralize logistics providing storage, inventory management as well as purchasing and reinvoicing to the distributor. Overall Pharma World Holdings is able to store pharmaceutical within the correct environment and their business model provides an integrative approach that better links principals with distributors, removing layers or inefficiency and improving service quality and costs.