Two Pakistani companies had obtained licenses from UAE authorities, allowing them to expand their regional footprint and maintain presence in the Middle East market.      The Searle Company Limited, based in Karachi and primarily involved in pharmaceutical and consumer product manufacturing, notified the Pakistan Stock Exchange  that the Ministry of Health and Prevention in the UAE had approved its request to register its manufacturing site.   Searle is expanding rapidly in several regions of the world including South Asia, Southeast Asia, Africa and Francophone Africa, Gulf Cooperation Council, Commonwealth of Independent States, Canada, Europe and Latin America,” stated the company’s stock filing.      According to Tahir Ahmed, the managing director    of the pharma group,  his organization had become the first Pakistani pharmaceutical company to enter the UAE as part of its global outreach plan.     Under its health ministry registration, Searle will be equipped to conduct laboratory testing, packaging, storage, and product release in the UAE.     Searle’s UAE registration would facilitate product exports throughout the region.      The second company is  Octopus Digital. The subsidiary of AVANCEON group informed the    Pakistan Stock Exchange that  had obtained a license as a Free Zone Limited Liability Company under the Dubai Development Authority to operate from Internet City.        Octopus Digital offers digitalization services to manufacturing, supply chain, and financial businesses in different regions of the world.        Muhammad Adnan, the group corporate executive,  that AVANCEON, which held 75 percent of Octopus Digital’s shares, had a presence in Saudi Arabia, the UAE, and Qatar.     By expanding its presence in this vibrant market, Octopus Digital aims to better serve the needs of its customers in the region and strengthen its position as a leading player in Industry 4.0 solutions,” the notice read. (ICE ISLAMABAD)

Fonte notizia: arab new