Kuwait’s Mohamed Naser Al-Hajery & Sons Ltd (MNH) boasts a storied legacy dating back to 1946 when its founder, Mohamed Naser Al-Hajery, established one of Kuwait’s pioneer pharmacies, the Kuwaiti Drugstore. Over 75 years, the company has evolved significantly, yet its core values and commitment to people’s health have remained unwavering, according to Musaed Ibrahim Al-Hajery, MNH’s CEO.
Reflecting on the company’s journey, Al-Hajery underscores the enduring importance of values. With a foundation in pharmaceuticals, MNH ensures that its growth in various business segments aligns with the commitment to safeguarding human health.
Looking ahead to 2023 and beyond, the CEO identifies key trends shaping MNH’s growth strategy. Traditional distribution channels like groceries and hypermarkets persist, but the rise of e-commerce, driven by a tech-savvy young population, is noteworthy. MNH is actively entering this e-commerce space and experiencing substantial double-digit growth.
The horizon is filled with vast opportunities, especially in geographical expansion, with the Saudi market being a focal point. Al-Hajery emphasizes the massive potential in Saudi Arabia, driven by common cultural factors, making it an enticing prospect for MNH.
As Saudi Arabia advances its Vision 2030 initiatives, MNH harbors ambitious plans. Al-Hajery asserts that the company’s aspirations are limitless, emphasizing the importance of dreaming big, unwavering belief, and passion. He envisions that, with the right team and steadfast belief, any goal is attainable.
Underscoring the pivotal role of human capital, Al-Hajery considers MNH’s team as the company’s greatest asset and the linchpin of its enduring success. The CEO expresses pride in the team’s contributions, emphasizing that investing in the team’s belief, passion, and skills is a fundamental strategy for present and future success.
