Saudi Arabia has decided to temporarily allow foreigners to own pharmacies. This marks a significant change to the earlier regulation that restricted pharmacy ownership to Saudi nationals. The decision follows a request from the Ministry of Health, which saw the need for this flexibility.
The new directive allows non-Saudis to own pharmacies and herbal preparation centres for now. This move will remain in place until the country implements its integrated health system. According to the report, this adjustment applies to activities listed in a system created in 1995.
Under the previous rule, ownership of pharmacies, herbal centres, and pharmaceutical consultation businesses was only allowed for Saudi nationals. Additionally, one of the partners or the owner had to be a licensed pharmacist. However, the system provided a provision for exceptions when there were not enough Saudi pharmacists available.
The Minister of Health was authorized to grant exemptions in such cases. This allowed foreign ownership in pharmacies and related businesses, given that the establishment met specific conditions. Now, non-Saudis can temporarily own pharmacies without meeting the citizenship requirement.
Although the health authorities have yet to comment on this change, the move signals an adjustment in policy. It reflects Saudi Arabia’s evolving approach to managing the healthcare sector while ensuring an adequate supply of skilled professionals.
The temporary lifting of restrictions is expected to open up opportunities for foreign investments in the pharmaceutical sector. This step aligns with the country’s broader goal of improving healthcare and attracting international business.
