Merck Opens Regional Office in Riyadh, Solidifying Presence in Saudi Arabia
In a bold move that signals a new era of growth and collaboration, Merck, a leading science and technology company, has announced the opening of a regional office in Riyadh. This strategic decision not only highlights the city’s importance as a key economic center but also solidifies Merck’s commitment to the Saudi market.
Key Milestone in Merck’s Journey
The Ministry of Investment of Saudi Arabia granted Merck the license to establish the regional office, marking a significant milestone in the company’s journey. The official reception on February 26, 2024, brought together key stakeholders to celebrate this momentous occasion and reaffirm Merck’s dedication to serving the Saudi market.
Supporting Saudi Vision 2030
The incorporation of Merck Limited Company further aligns with the objectives of Saudi Vision 2030, showcasing Merck’s dedication to supporting the Kingdom’s aspirations for sustainable development. By leveraging its expertise and innovative solutions, Merck aims to contribute to the advancement of healthcare services in the region.
Celebrating the Inauguration
A reception hosted by Merck to mark the inauguration of the regional office was attended by esteemed officials and dignitaries, underscoring the significance of this moment. The ribbon-cutting ceremony, led by Ramsey Morad, SVP at Merck Healthcare, was followed by a tour of the new office.
Commitment to Longterm Development
Speaking at the event, Ramsey Morad expressed delight in joining the Regional Offices Attraction Program, emphasizing Merck’s commitment to Saudi Arabia’s long-term development. He highlighted Merck’s history of advancing healthcare sectors globally and its dedication to promoting innovative healthcare solutions.
Strategic Investment Plans
Yaser bin Saad Alhaqan, Managing Director of Merck Limited in Saudi Arabia, outlined plans for substantial investment over the next five years. With a total capital of SR100 million and an ambitious investment plan of SR500 million, Merck is poised for growth and expansion in the region.
A New Chapter for Merck
The inauguration of Merck’s regional office in Riyadh signifies a new chapter in the company’s journey, marked by collaboration, innovation, and a shared vision for a healthier future in Saudi Arabia and beyond.
