There were recently articles in the newspaper about Royal Pharmacy having their license revoked. The article didn’t make much sense to me since it didn’t really explain why their license was revoked. I read a few comments online about people thinking it was because they had too many branches open in the same area, and a lot of people sounded like they were happy their license was being revoked, like they wanted Royal Pharmacy to be punished for their success.
I have a Royal Pharmacy near my house (actually 3) but there is one I pass by the most. So I asked my pharmacist what the issue is and if they were in fact closing down because all three pharmacies near me were still open.
According to my pharmacist the issue is that basically the Kuwaiti owner of Royal Pharmacy had his citizenship revoked. So all the Royal Pharmacy stores no longer had a Kuwaiti partner.
I think the way pharmacies work in Kuwait is that an individual pharmacist needs to be the owner. So for example Royal Pharmacy or Boots are brands names, but each pharmacy is owned by an individual pharmacist. That’s why sometimes you’ll find a pharmacist name on the sign or a window sticker written in a small font.
According to my pharmacist who is an expat, because the Royal Pharmacy owner is no longer Kuwaiti, all the pharmacists need to find a new Kuwaiti partner. So the pharmacies won’t be closing (or most won’t at least), but they will be renamed or rebranded. One of the three Royal pharmacies next to me already had the word Royal removed from the signage. I’d imagine some other big brand might now want to take over the Royal Pharmacy brand.
Anyway, the above is just based on what my pharmacist told me so it might not necessarily be accurate, but it makes sense to me.
7 replies on “Royal Pharmacy Drama Explained”
You need 1 pharmacist per pharmacy, a company can own more than one pharmacy but still need one for each shop , the owner of the company citizenship getting revoked mean the company is dissolved ,not the pharmacy
The owner of Royal Pharmacy is Egyptian. You can’t be successful and expat in Kuwait.
You cannot own a business without a local sponsor or local active business partner to do ethical business practices in medical industry.
I also heard there financial audits aren’t clear but I would not like to comment yet as it’s not published nor concluded.
I am an expat and a successful business owner in couple of businesses in Kuwait along with my family who have been in Kuwait since 1960’s.
Are you a business owner yourself , I majorly doubt so you shouldn’t comment like that about Kuwait, it’s a humble request.
Cheers !
Were people happy about the license being revoked because the owner’s citizenship was revoked?? or what??
You know a business cannot exist in Kuwait unless it is owned by a Kuwaiti and that ownership is at least 51%?
That said when the Citizen looses their nationality, the business technically is missing the main component is what allows it to legally function in Kuwait. Thus the dilemma
Wow you’re a genius. You came up with that idea on your own ? And its *loses not looses
Hey Mark tell them im available & with an active license. Yallah baba