Pakistan's Citi Pharma and Saudi's All Care partner to boost API production in KSA
The joint venture aims to meet healthcare needs across the MENA and expand Citi Pharma’s global export opportunities.

The Citi Pharma-All Care partnership will boost Saudi pharmaceutical production, meeting healthcare needs for over 500 million in the region.
Shutterstock
Pakistan's Citi Pharma has formed a strategic partnership with Saudi Arabia's All Care group to build a cutting-edge facility in the Kingdom for the production of Active Pharmaceutical Ingredients (API), according to a press release issued by Citi Pharma.
This partnership is a significant move toward enhancing pharmaceutical self-sufficiency in the region. All Care will oversee land acquisition, infrastructure development, product registration with Saudi regulatory bodies, and secure financing through local banks.
This joint venture is set to address critical healthcare demands across Saudi Arabia and the broader Middle East and North Africa region, which serves a population of over 500 million.
Beyond meeting local healthcare needs, the partnership positions Citi Pharma for global expansion, paving the way for exports to key markets such as India, China, and others.
The announcement aligns with broader Saudi-Pakistani economic cooperation, highlighted at the Saudi-Pakistani Business Forum held in Islamabad.
The forum saw the signing of multiple cooperation agreements spanning vital sectors like energy, agriculture, food, mining, and IT, as part of efforts to accelerate a $5 billion investment plan and strengthen economic ties.
Saudi Minister Khalid Al-Falih stressed that Saudi Arabia views Pakistan as a key investment destination, with current bilateral trade valued at $5.4 billion.
This partnership marks a significant milestone in the ongoing efforts to boost regional pharmaceutical capabilities and strengthening economic relations between Pakistan and Saudi Arabia.
Popular
Spotlight
More from Business
Pakistan’s central bank raises PKR 664 billion in T-Bill auction amid easing yields
SBP also sold investment bonds worth PKR 113 billion
More from Science
Microsoft cites 'new technologies' in decision to cut staff
Microsoft didn’t reveal the exact number of job cuts, but U.S. media reports estimate around 6,000 positions — about 3% of its global workforce
More from World
Qatar signs $200B deal to buy jets from Boeing during Trump visit
Trump says Qatar deal is Boeing's largest jet order ever; 160 aircraft included, details remain unclear
Comments
See what people are discussing